The real economy is the mainstay of China's economy. Building a modern industrial system based on the advanced manufacturing is the key and difficult point of our high-quality development.
The framework and content of building a modern industrial system based on the advanced manufacturing are mainly reflected in the following aspects.
1. Consolidate the traditional industries and develop the comparative advantages.
2. Vigorously develop strategic emerging industry clusters with an industrial chain thinking.
3. Integrate the digital economy with the advanced manufacturing and modern service industries.
4. Promote the upgrading of industrial foundation and the modernization of industrial chain.
The key issues to be addressed in current industrial policies include the following five points.
1. In addition to stopping the financial institutions being distracted from their intended purpose, we should also prevent the bubble phenomenon caused by the excess capacity in the real economy.
2. To promote the transformation and upgrading of traditional industries, the key is to transform them with new technologies.
3. It is necessary to fully play the role of the super-sized market, organically combine expanding domestic demand strategy with innovation-driven strategy, and promote major breakthroughs in core technologies in key fields.
4. We should encourage mergers and acquisitions to form leading enterprises in the industrial chain, and support the growth of specialized and new enterprises.
5. Along with the recombination of global value chain, it is more important to emphasize independent open-up and strengthen the international cooperation in the industrial and supply chain.
