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It has been in the forefront of developing new industries by spending heavily and very productively on innovative research and development projects.
China also has ambitions of developing new industries in space and putting people on both the moon and Mars.
Just look at the effect of rising City bonuses on London house prices, and the gap between hype and reality on developing new industries like environmental technology.
For all its prosperity, he said, Saudi Arabia will still need help in developing new industries and job sources for its growing population.
And it had important social aspects too: when overproduction of coal became a problem in Belgium, the ECSC reduced the country's capacity by 30% and made available large sums of money for retraining miners and developing new industries.
We need a dynamic economy, but one with greater fairness in the labour market and a far more serious engagement of developing new industries than we have dreamed of to date.
Similar(53)
Acknowledging that current peat-free products vary widely in quality, the government is developing new industry standards to encourage more gardeners to switch.
Last night, Kathleen Kennedy, the president of Lucasfilm and a member of the Academy's board of governors, said in a speech that she has asked her fellow-governors to create a "commission charged with the task of developing new, industry-wide protections against sexual harassment and abuse".
Since 2001 the central state has been striving to revitalize Fuxin's economy, through pumping massive investment for developing new industry.
Efforts to develop new industries centred on industrial zones adjacent to the Rhine (Ottmarsheim-Chalampé) and on the outskirts of the town, notably to the east (Île-Napoléon).
If managed well, that creates capital that can be used to improve health and education and to develop new industries.
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CEO of Professional Science Editing for Scientists @ prosciediting.com