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Premier urges faster development of new economy

Updated: Aug 11,2016 9:18 AM

New economy was included in this year’s government work report for the first time, and its development in almost every sector could bring big changes to our lives. Therefore, it is also one of the main concerns of Premier Li Keqiang, and he stressed it many times this year.

On July 20

“Promoting Internet Plus logistics can develop new economy and upgrade traditional economy.”

Premier Li Keqiang stressed this at an executive meeting of the State Council. The meeting agreed to boost the integration of logistics and internet technology, lower the costs for enterprises and make people’s lives more convenient. He also said that the development of “Internet Plus Logistics” should be combined with mass entrepreneurship and innovation, which can nurture new technology, new models and new business forms.

On May 25

“The new generation of internet technologies has profoundly changed the world, and China has to seize this opportunity to develop science and technology and build a better future.”

Premier Li made the remarks at the China Big Data Industry Summit & China E-commerce Innovation and Development Summit in Guiyang, capital of Southwest China’s Guizhou province.

He said that the innovation concept represented by the big data industry and the craftsman spirit inspired by traditional industry should be combined to promote economic development. He also urged the integrative development of the virtual and real worlds to boost the development of new driving forces and upgrade traditional engines.

On May 4

“China has taken the lead in e-commerce development of the world, but the pace for developing the manufacturing industry via the internet needs to be accelerated.”

Premier Li said this at a State Council executive meeting.

He said that China had become an industrial country, but had yet to be an industrial power, so it was necessary to accelerate the in-depth integration of the manufacturing industry and the Internet.

On March 25

“Medical tourism is both a project of people’s livelihood and a form of the new economy. The people’s health is the foundation for China’s long-term development, so a high standard should be set for the medical tourism industry.”

Premier Li said this during a visit to the Boao Lecheng International Medical Tourism Pilot Zone in South China’s Hainan province, China’s first medical tourism center, and he also praised the new business model that combined medical care with vacation spending.

On March 5

“At the crucial stage of development, China must cultivate and grow new driving forces and speed up the development of new economy.”

Premier Li said this when delivering this year’s government work report, when the term “new economy” was first written into the report. He stressed the importance of growing new technologies, industries and business models to promote a sharing economy, build sharing platforms and create new driving engines.

On March 4

“The ‘new economy’ of agriculture can be generated by promoting various forms of moderate-sized operations, increasing productivity and accelerating the development of modern agriculture.”

Premier Li made this remark during the Chinese People’s Political Consultative Conference panel discussion of the economic and agricultural sectors.

He said developing agriculture did not mean “looting” farmers, but rather an increase to their incomes.

On Feb 24

“New energy vehicles is a representative sector in industrial areas of the ‘new economy’, and its booming development in recent years signals that the new economy is driving new development now.”

Premier Li said this at a State Council executive meeting.

The meeting mapped out plans to boost the industry of new energy vehicles to promote green development.

On Feb 3

“Some countries have been launching a new round of technological revolution with subversive technologies. We should catch up with the trend and transform ‘Made in China’ into an intelligent and networked industry.”

Premier Li said this at a State Council executive meeting that decided to deploy resources and efforts to develop makerspaces to accelerate the cultivation of the new driving force.

On Jan 6

“Cross-border e-commerce should be regulated with proper systems. The core of the pilot zone is the innovation of supervision model and development mode.”

Premier Li said this at a State Council executive meeting. The meeting decided to set up a new series of pilot areas for cross-border e-commerce in 12 cities including Tianjin and Shanghai.