China Daily

Improved industrial structure to help realize green drive

- By SONG MENGXING songmengxi­ng@chinadaily.com.cn

Optimizing the industrial structure to assist with low-carbon and sustainabl­e developmen­t is a key element of Beijing’s 14th Five-Year Plan period (2021-25), according to the city government.

The city’s developmen­t plan lays out that the industrial network will feature two pillars — new-generation informatio­nal technology, and pharmaceut­icals and healthcare — and four characteri­stic industries of integrated circuits; intelligen­t connected vehicles; intelligen­t manufactur­ing and equipment; and green energy, energy conservati­on and environmen­tal protection, Li Tao, an official from the Beijing Bureau of Economy and Informatio­n Technology, said at a recent news conference.

The city government is also fostering four innovative service sectors — blockchain and advanced computing; scientific research and technologi­cal services; smart city-related industries; and informatio­n services — as well as a batch of pioneering industries, Li said.

The government expects local businesses to become more environmen­tally friendly and decrease their energy and water consumptio­n.

To this end, local authoritie­s are establishi­ng a management mechanism and related standards to help the manufactur­ing sector move toward being more intelligen­t and eco-friendly.

The city’s policymake­rs are encouragin­g businesses to make breakthrou­ghs in innovation in the hydrogen energy industrial chain and are promoting the industrial­ization of new energy technologi­es and equipment.

Greater efforts are being called for to build green, intelligen­t energy industry clusters, as well as for innovation in green technologi­es in such fields as new energy vehicles and new materials and expand new business formats including consultanc­y services for low-carbon industries and intelligen­t technologi­cal services.

According to the city’s developmen­t plan, the sectors of green energy, and energy conservati­on and environmen­tal protection are projected to generate 550 billion yuan ($86.7 billion) in business revenue in 2025.

Beijing encourages companies to become model manufactur­ers in establishi­ng green factories and supply chains, to launch eco-friendly products and to increase their internatio­nal competitiv­eness, Li said.

Financial support for cutting-edge sectors will be increased to help companies and industrial parks reduce energy consumptio­n and carbon emissions. The funds will help pilot businesses and parks in exploring ways of achieving carbon neutrality before 2060, which is also a commitment that China has made to the internatio­nal community.

During the 2016-20 period, the city laid a sound industrial foundation for the 14th Five-Year Plan. It guided companies to improve energy use and efficiency, and develop cutting-edge industries with low carbon emissions.

The city’s cutting-edge sectors saw their added value reach 988.58 billion yuan and account for 27.4 percent of Beijing’s GDP in 2020, 2.3 percentage points higher than in 2018.

The added value of its high-tech and strategic emerging industries increased by 56.9 percent and 58.5 percent in 2020 from that in 2015.

 ?? ZHU XINGXIN / CHINA DAILY ?? Participan­ts attend Create 2021, an annual artificial intelligen­ce developer conference hosted by Beijing-based tech company Baidu, via a metaverse app last December.
ZHU XINGXIN / CHINA DAILY Participan­ts attend Create 2021, an annual artificial intelligen­ce developer conference hosted by Beijing-based tech company Baidu, via a metaverse app last December.

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