To thoroughly implement the new concept of development, it is necessary to deeply understand and grasp the inherent laws of industrial development, comprehensively review the past development mode and ideas, and promote transformation and upgrading with a high degree of focus, so as to bring Jiangsu's economic development into a new realm. At present, the industrial development shows a new trend. Comparing with the development pattern of Jiangsu province in the past, we can improve our understanding of the laws of industrial development from the following seven aspects:1. It is a general rule to promote the transformation and upgrading of strategic emerging industries, but we should pay attention to the core technologies and links that truly represent the industrial competitiveness. 2. It is a general rule to promote transformation and upgrading, the size and scale of industries. But we should pay attention to local overcapacity. 3. It is a general rule to enhance export competitiveness through transformation and upgrading, but we should pay attention to the distribution of benefits in the international value chain. 4. It is a general rule for industries to promote transformation and upgrading in the form of agglomeration. However, we should pay attention to the disadvantages of unreasonable industrial layout. 5. It is a general rule that governments should adopt preferential policies to guide the development of emerging industries, but the dependence of industries on government subsidies causes periodic fluctuations.6. It is a general rule to promote transformation and upgrading by gathering innovation factors, but it should be noted that each region relies too much on preferential policies and gets caught up in the competition of wisdom. 7. Introduction, digestion, absorption and re-innovation are the general rules of industrial innovation in catching-up economies, but attention should be paid to the homogenized competition formed by imitative innovation.
