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China

Emerging Sectors in China

emerging sectors in ChinaChina is putting forth great efforts to become the most sustainable and technology oriented economy. From the time of the new millennium, Chinese government has focussed on seven key emerging sectors to realise its strategic economical goals:

1. Biotechnology
2. Environmental and energy technologies
3. The Top class of Information Technology
4. Manufacture of advanced equipments
5. Research new energy sources
6. Energy vehicles
7. New materials

Chinese government is aiming for growth in these sectors by incorporating new goals and providing the necessary impetus. These sectors are estimated to contribute approximately 8% till 2015, subsequently rising to about 15% by the year 2020 towards the Gross Domestic Product.

 

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