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SCIO press conference on seeking solid progress in implementing the 'Double-Eight Strategy' and striving to pioneer a new chapter in Chinese modernization

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Science and Technology Daily:

As a major economic province, what measures does Zhejiang plan to take next in building a modern industrial system and developing new quality productive forces? Thank you.

Du Xuliang:

Thank you for your question. We are actively implementing the arrangements of the central authorities while tailoring our efforts to the specific realities of Zhejiang, and swiftly constructing a modern industrial system that embodies the unique characteristics of our province. In essence, we aim to build a modern industrial system that is guided by the development of new quality productive forces, with advanced manufacturing as its core, propelled by technological innovation, and centered on digital economy; relying on modern transportation and logistics networks, and underpinned by modern infrastructure; and featuring a deep integration of modern services with advanced manufacturing and modern agriculture and a profound fusion of digital and real economy. 

We believe the following four aspects are of critical significance.

First, our approach entails establishing a "315" technology innovation system to develop new quality productive forces based on local conditions. In the "315" system, "3" signifies the building of three major hubs for science and technology innovation: internet plus, life and health, and new materials. And "15" means focusing on accelerating breakthroughs in 15 strategic areas essential for future development, including cloud computing and future networks, intelligent computing and artificial intelligence, and big data and information security. Our goal is to surpass a research and development intensity of 3.4% across society by 2027, with high-tech industries contributing 68% of the total value added by enterprises above designated size.

Second, our approach includes establishing "415X" advanced manufacturing industry clusters to expedite the development of a global advanced manufacturing hub. The construction of such an advanced manufacturing hub is a major strategic objective outlined in the "Double-Eight Strategy." The term "415X" represents our focus on consolidating superior resources to establish four advanced industrial clusters in next-generation information technology, high-end equipment, modern consumption and health, and green petrochemicals and new materials, each valued at 1 trillion yuan, as well as 15 featured industrial clusters valued at 100 billion yuan each and numerous high-growth emerging industrial clusters at the 10-billion-yuan level. By 2027, we aim to see the total revenue of enterprises above designated size within "415X" advanced manufacturing industry clusters surpass 12 trillion yuan, while maintaining the contribution of manufacturing value added to GDP at around one-third.

Third, we will implement the "Number One Development Project" to drive innovation and enhance the quality of the digital economy, empowering the upgrading of industrial and supply chain capabilities. Leveraging Zhejiang's first-mover advantages in developing digital economy, this project aims to exert digital economy's role to expand and multiply the results of socioeconomic development and better empower industrial development. We will move faster to foster strategic emerging industries like integrated circuits and artificial intelligence, while also accelerating the process of turning data into valuable assets. By 2027, we expect the digital economy's value added to exceed 7 trillion yuan, with core industries' value added surpassing 1.6 trillion yuan.

Fourth, we will continue to reach out for the further development of Zhejiang, enhancing our openness to the world. We are committed to seamlessly integrating high-level outbound cooperation with high-quality inbound cooperation, advancing institutional openness, and building world-class ports. We aim to drive the coordinated development of sea, air, land, and information ports, seeking to access, mobilize and allocate resources on a broader scale. By increasing openness, we will strive to create new opportunities for industrial development.

That's all from me. Thank you!

Chen Wenjun:

Thank you to Mr. Wang and other speakers. Thank you to all journalists. Today's press conference concludes here. Goodbye!

Translated and edited by Wang Qian, Zhang Rui, Gong Yingchun, Wang Ziteng, Yuan Fang, Ma Yujia, Li Xiao, Cui Can, He Shan, Mi Xingang, Wang Wei, Liu Sitong, Qin Qi, Zhang Junmian, Yan Bin, Zhang Tingting, Li Huiru, David Ball, Rochelle Beiersdorfer and Jay Birbeck. In case of any discrepancy between the English and Chinese texts, the Chinese version is deemed to prevail.

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