Technical workers assemble engines at a Geely Automobile Holdings Ltd plant in Yiwu, Zhejiang province.[Photo provided for China Daily] At a recent news conference, Minister of Industry and Information Technology Miao Wei said the key to converting the old driving forces for economic development into new ones lies in properly handling the relationship between developing emerging industries and the transformation and upgrading of traditional ones. Since the concept of new economic driving forces was created, almost all local governments in China have equated it with emerging industries and viewed them as the only source of fresh impetus for economic development.