{"id":123234,"date":"2025-11-07T17:23:12","date_gmt":"2025-11-07T17:23:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/123234\/"},"modified":"2025-11-07T17:23:12","modified_gmt":"2025-11-07T17:23:12","slug":"china-warns-against-abandoning-traditional-sectors-in-economic-transition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/123234\/","title":{"rendered":"China warns against abandoning traditional sectors in economic transition"},"content":{"rendered":"<p>Developing China\u2019s <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3252204\/china-puts-high-expectations-new-productive-forces-search-sustainable-growth-engines?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">\u201cnew quality productive forces\u201d<\/a> \u2013 a growth model championed by Beijing that emphasises technological breakthroughs and industrial upgrades \u2013 does not mean abandoning traditional industries, but rather integration and transformation through innovation, according to the ruling Communist Party\u2019s leading theoretical journal.The sustained driving force for economic growth comes from both fostering emerging industries and upgrading traditional ones \u2013 a dual-pronged push that must be tailored to local conditions \u2013 said <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/qiushi?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Qiushi<\/a>, which often serves as a platform for disseminating official policies, in an article published on its website on Friday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The article acknowledged that since Beijing began promoting the new growth model, some regions had rushed headlong into new industries, blindly chasing projects featuring tech buzzwords such as artificial intelligence and electric vehicles, often ignoring local realities.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">And some others had recklessly phased out traditional sectors, dismissing them as \u201clow-end\u201d or \u201coutdated\u201d, causing industrial gaps and disruptions.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThese issues risk fragmenting resource allocation and wasting inputs,\u201d the article said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The journal said the solution lay in regions leveraging their local strengths, targeting efforts precisely and pursuing a development path that was both reasonable and tailored to their specific conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"Developing China\u2019s \u201cnew quality productive forces\u201d \u2013 a growth model championed by Beijing that emphasises technological breakthroughs and&hellip;\n","protected":false},"author":2,"featured_media":123235,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[363,4177,138,66972,607,25682,219,12699,36554,1428,86203,111,139,69,25675,4420],"class_list":{"0":"post-123234","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-artificial-intelligence","9":"tag-beijing","10":"tag-business","11":"tag-central-committee","12":"tag-china","13":"tag-communist-party","14":"tag-economy","15":"tag-electric-vehicles","16":"tag-five-year-plan","17":"tag-manufacturing","18":"tag-new-quality-productive-forces","19":"tag-new-zealand","20":"tag-newzealand","21":"tag-nz","22":"tag-qiushi","23":"tag-xi-jinping"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/123234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=123234"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/123234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/123235"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=123234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=123234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=123234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}