New Thoughts, Ideas and Moves of ’11th Five-Year Plan’ Viewed from 11 Key Words (1) – People’s Daily

From People’s Daily Online

The “Communist Party of China (CPC) Central Committee’s Proposal on the Formulation of the 11th Five-Year Plan (2006-2010) for National Economic and Social Development” adopted by the Fifth Plenum of the 16th CPC Central Committee put forward many new thoughts, new ideas and new moves. This will definitely exert mayor influence on the new practice of China’s economic and social development, the following 11 key words merit attention.

1. Adjustment of industrial structure

During the “11th Five-Year Plan” period, adjustment of the industrial structure includes two-layer meanings: One is raising the level of industrial technology.

The “Proposal” points out: To realize the adjustment of the industrial structure, “the key is to comprehensively enhance independent innovative capability, strive to master core technology and key technology, strengthen ability for the transformation of scientific and technological achievements and improve the overall technological level of industry”.

Second is developing key industries. The “Proposal” points out that the important tasks for adjustment of the industrial structure is to develop advanced manufacturing industry, increase the proportion of the service trade and strengthen infrastructure construction for basic industries.

2. Cycling economy

The “Proposal” points out that developing a cycling economy is an important way for the building of a resources-saving and environment friendly society and realizing sustainable development.

Vigorously developing a cycling economy requires adoption of comprehensive measures: Changing the concept of development, rationally adjusting industrial structure and distribution, establishing a technical supporting system for the development of a cycling economy, perfecting the system and mechanism for promoting the development of a cycling economy, strengthening laws and regulations and a standard system for developing a cycling economy, organizing and launching a pilot project for the cycling economy and intensifying publicity and education.

3. Independent innovation

The “Proposal” notes that regarding enhancement of independent innovative capability as the strategic basic point of scientific and technological development and a key link in adjusting the industrial structure and changing the mode of economic growth, vigorously improving primitive innovative ability, integrated innovative ability and the re-innovative abilities for introduction, assimilation and digestion of technology.

Enhancing independent innovative capability requires: First, accelerating establishment of a technological innovative system that takes enterprise as the mainstay and market as the guide and features the integration of production, emulation and research. Second, improving the market environment for technical innovation. Third, implementing policies related to finance, taxation, banking and government procurement for supporting independent innovation, and perfecting an incentive mechanism for independent innovation. Fourth, making proper use of global resources of science and technology. And Fifth, strengthening protection of intellectual property rights (IPR).

November 11, 2005 8:26 AM
Posted By: