NDRC: New quality productive forces must be developed pragmatically, no blanket expansion

TREE NEWS update: China’s National Development and Reform Commission (NDRC) said regions must develop “new quality productive forces” based on local conditions and avoid homogeneous competition, Ren Zhongbao, deputy director of the NDRC’s innovation and high-tech development department, said at the commission’s October press conference. Local governments must fully justify whether they have the necessary foundations before planning key industries and major projects, and must resolutely avoid rushing into projects and blanket expansion, he said. The NDRC will align national and provincial special plans for future industries and emerging pillar industries.