The new economy is becoming a highlight in China's economic downturn，said Chen Yuan, Chairman of CF40 Executive Council.
In the first three quarters of 2019, the #added-value of emerging strategic industries increased by 8.4% year-on-year, which was 2.8% higher than the growth rate of industries above designated size.
The added-value of high-tech manufacturing industry increased by 8.7% year-on-year, which was 3.1% higher than industries above designated size.
The development of high-tech industries not only meets the need of China's economic transformation and upgrading, but also serves as an important part of the supply-side structural reform.
The new economy could also facilitate and enrich people's life.
From #mobileshopping to the #sharingeconomy, then to smart devices, the new economy not only innovates the path of consumption upgrading , but also creates more jobs.
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