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China’s Twelfth Five-Year Plan Focuses on Seven New Industries

China News Service reported that the newly passed Twelfth Five-Year Plan delineated seven new industries for investment: new energy, new energy for automobiles, saving energy and protecting the environment, next generation IT (focusing on the Internet, cloud computing, and GIS), bio-technology, high-end equipment manufacturing (e.g. aerospace, ocean engineering, and satellites), and new materials.

Source: China News Service, October 18, 2010