(The Center Square) – During remarks in which he criticized President Donald Trump\u2019s economic policies, Gov. Gavin Newsom announced on Wednesday that California needs to \u201creinforce our own path\u201d by developing the state\u2019s economy.<\/p>\n
During his appearance at the California Economic Summit<\/a>\u00a0Wednesday\u00a0in Stockton, Newsom advocated for investing more in lucrative industries in the state, including artificial intelligence, robotics, space, agriculture, nuclear fusion energy and other next-generation technologies.<\/p>\n \u201cThis is \u2018code red\u2019 from an economic perspective,\u201d Newsom said during a news conference. \u201cToday is important to reinforce our own path, our strategies to also reinvigorate our economic engines.\u201d<\/p>\n Increased taxes and tariffs, increased fees on H1-B visas and changes the Trump administration made to the realm of higher education featured prominently in remarks that opened Newsom\u2019s press conference.<\/p>\n The Democratic governor\u2019s appearance on Wednesday follows his push to position California as a leader in fields as diverse as quantum computing and fusion energy development. He has highlighted business incubators at universities across the state, among other efforts.<\/p>\n \u201cCalifornia is an economic powerhouse,\u201d Newsom said in a press release. \u201cWe are entrepreneurs, innovators, pioneers, and self-starters. California invests in all corners of the state, building a strong economic future for all, helping every Californian get one step closer to fulfilling their California Dream.\u201d<\/p>\n California Forward<\/a>, the organization that hosts the California Economic Summit each year, identified several key goals in its Vision 2025<\/a> paper, \u201cBuilding a New California Economy.\u201d Energy transition, fiscal resilience in a changing climate, models for inclusive economic growth, thriving regions and leadership development were among the organization\u2019s key goals outlined in that paper.<\/p>\n “California’s nation-leading economy continues to set the foundation for sustainable and inclusive growth, ensuring that the industries of today and tomorrow provide the good-paying jobs Californians deserve,\u201d said Dee Dee Myers, director of the Governor\u2019s Office of Business and Economic Development, in a press release. \u201cOur continued dominance proves that a bottom-up, community-driven approach to economic development can build on local strengths, drive innovation and guarantee every region across the state has the opportunity to thrive.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"(The Center Square) – During remarks in which he criticized President Donald Trump\u2019s economic policies, Gov. Gavin Newsom…\n","protected":false},"author":2,"featured_media":2721,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1955,2080,7,9,8,15556,383,14574,5584,1744,1970],"class_list":["post-20612","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-agriculture","tag-artificial-intelligence","tag-california","tag-california-headlines","tag-california-news","tag-economic-development","tag-economy","tag-fusion-energy","tag-robotics","tag-space","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/20612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=20612"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/20612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/2721"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=20612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=20612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=20612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}