The municipal government of Beijing has pledged to further advance innovation and high-end industries to improve the quality of the city's economy, which is undergoing restructuring.

"We need to speed up innovation-driven economic development, as the innovation strategy is fundamental for Beijing to restructure its economic growth model, and it is also key to its future," said Guo Jinlong, Party secretary of Beijing, at a recent news conference.

He added that Beijing has rich technological and intellectual resources to enhance economic growth through innovation.

Wang Anshun, mayor of Beijing, said that in the second half of this year, the municipality will boost innovations in technology, culture, products and business models to ensure innovation as the pivot of economic restructuring.

In the first half, the value added by the city's high-end manufacturing sector rose 14.6 percent year-on-year, while that of modern manufacturing increased 16.9 percent, according to the Beijing Municipal Bureau of Statistics.

"The driving force for Beijing's economic development is changing, and high-end industries are making remarkable contributions," said Yu Xiuqin, spokeswoman for the statistics bureau.

Guo said that the municipality will give more importance to technological innovation, including boosting the development of the Zhongguancun National Innovation Demonstration Zone and improving policies for supporting technological innovation.