China's emerging industries to hold 15% of GDP in 2020

The e6 electric car produced by Chinese automaker BYD. Electric car development is at the forefront of the country's seven emerging strategic industries
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The emerging industries of strategic importance will account for an estimated 8% of China's GDP in 2015, and up to 15% in 2020, up from 4% in 2010, said officials.

The industries of China span seven sectors, including new energy, energy-saving technology and environmental protection, electric vehicles, new materials, new medicine, bioengineering and information technology.

Zhang Xiaoqiang, deputy director of the National Development and Reform Commission, has proposed four visions for the industries, according to the Shanghai-based First Financial Daily.

The propositions include largely stepping up innovation with a focus on pioneering ground-breaking technology; a policy environment which fosters entrepreneurship through a five-year project; protecting intellectual property and developing multinational brands and companies; and optimizing the leading role of industry in the country's economy and social development.