Shanghai: fully maintain the resilience of economic growth momentum and make great efforts to enhance the development level of strategic emerging industries.

Shanghai Municipal Party Committee Deputy Secretary and Mayor Gong Zheng presided over the executive meeting of the municipal government today, emphasizing the need to fully maintain the momentum of resilient economic growth according to the deployment of the Municipal Party Committee; make great efforts to enhance the development capabilities of strategic emerging industries; promote high-quality development of private investment; and solidly advance the construction of "Digital Shanghai." The meeting pointed out that the second quarter is a crucial stage in carrying forward past achievements and laying the foundation for the future. All districts and departments should strengthen practical responsibilities and strive to continue the positive momentum of economic growth in the first quarter, and make all-out efforts to achieve the economic growth target for the first half of the year. Efforts should be focused on promoting the lengthening and strengthening of key industries, ensuring that key industries become stable and strong while pressure industries accelerate their transformation. Efforts should also be concentrated on supporting key regions in carrying heavy burdens and making contributions, focusing on researching new situations, solving new problems, and coordinating short-term stable growth with medium and long-term transformation and development. Efforts should also be made to stabilize the expectations of market entities, strengthen confidence, adhere to a balance of standardization and service, and policies and activities, conscientiously implement the requirements for the construction of a unified national market, continuously improve the precision and effectiveness of policies, and meticulously organize major activities to enhance the linkage of culture, commerce, tourism, and exhibitions, thereby better supporting the economic growth of the whole city. The meeting approved in principle the "Shanghai's Strategic Emerging Industries Development '15th Five-Year Plan'" and emphasized the need to seize new opportunities, explore new fields, and better leverage the guiding role of strategic emerging industries in economic development. It is important to focus on innovative leadership, forge core capabilities in key industrial chains such as the three major pilot industries, deepen forward-looking layouts in cutting-edge technology fields, and strengthen industrial clusters around specific paths. Emphasis should be placed on empowering reforms, promoting institutional innovation, expanding scene openness, enhancing element support, and maximizing the vitality of market entities. Attention should also be given to open cooperation, deepening internal linkage and external opening, and promoting further progress in the quality and efficiency of industrial development.