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NDRC Officials: There Is No 10 Trillion Investment In Emerging Industry Planning

2010/12/8 9:13:00 52

NDRC Strategic Emerging Industries 10 Trillion Investment

According to media, "our country will invest. 10 trillion Report on developing strategic emerging industries, state Development and Reform Commission Qi Chengyuan, director of the Hi Tech Department, told the China Securities Journal 6, "the drafting" by the NDRC " strategic emerging industries There is no such development plan. Investment Content. He predicted that the plan would be submitted to the State Council for approval after next year's "two sessions".


Last week, overseas media reported that in the next 5 years, the Chinese government will invest 10 trillion yuan or 1 trillion and 500 billion US dollars to develop strategic emerging industries, of which the proportion of government investment is 5%-15%, so as to drive the input of social capital.


Qi Chengyuan said that the strategic emerging industries should not take investment as the main content, but how to improve laws and policies, and how to cultivate the market. This is expected to introduce a series of policies in the field of Finance and taxation, such as tax relief and intellectual property financing. In addition, he disclosed that the "12th Five-Year plan" draft will be submitted to the NPC for consideration during the next two sessions, and then the specific provisions of the strategic emerging industry development plan will be formulated according to the finalization of the plan.

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