Notice of RetractionThe relationship of strategic emerging industries development and government investment in China — International comparative horizon

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

In order to make use of environmental resources effectively and realize sustainable development, Prime Minister Wen Jiabao proposed that we must accelerate the development of emerging industry, including the energy saving and environmental protection, new generation of information technology, biology, high-end equipment manufacturing, new energy, new material, new energy vehicles so on. The development of emerging industry cannot realize without the financial support of government. This paper compared and analyzed the financial investment of government in emerging industry of different counties. Then in order to predict China´s financial investment in emerging industry, this paper proposed a forecasting model based on least square method. Finally, this paper analyzed the restricting factors and implementing conditions of government investment.