Start Asia New industries today contribute significantly to China’s economic growth

New industries today contribute significantly to China’s economic growth

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Ren Zhibin, deputy secretary-general of the State Development and Reform Commission, said this on Tuesday at a business forum.

As examples of the dynamic development in this area Ren Zhibin called above all the disproportionate growth of the power generation by means of the new energies, the increasing conversion of the new energy vehicles as well as the spreading of the Smartphones in the Chinese society.

According to Ren, the new sectors are primarily information technology, the high-tech manufacturing industry, new materials, new energies, environmental protection, and innovative service sectors whose market values are now, in part, world leaders.