State-owned Assets Supervision and Administration Commission of the State Council: "During the 15th Five-Year Plan period, the proportion of value added by state-owned enterprises in emerging industries must be significantly increased."
Zhang Yuzhuo, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council, stated at a recent meeting of local state-owned assets authorities that during the "14th Five-Year Plan" period, efforts should be made to achieve five main objectives in the work of local state-owned assets and enterprises. The first is to significantly enhance strategic missions, with strategic security, industrial leadership, national economic development, people's livelihood, and public services becoming more prominent, increasing the contribution of state-owned enterprises to economic and social development. The second is to significantly improve the level of self-reliance in science and technology, rapidly break through key core technologies in key areas, and steadily increase the number of leading technology enterprises. The third is to optimize the layout significantly, continuously consolidate the dominant position in key industries related to national security and the lifeline of the national economy, accelerate the transformation and upgrading of traditional industries, and significantly increase the proportion of value added in strategic emerging industries. The fourth is to significantly enhance the vitality and driving force of enterprises, improve and perfect China's modern enterprise system and state-owned asset supervision system, and promote the spirit of entrepreneurship and science. The fifth is to significantly strengthen the leadership and construction of the party, and fully play the leading and guaranteeing role of comprehensively governing the party with strict discipline.
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