Northeast China's Jilin province will experience an "industrial boom" driven by the country's initiative to promote innovation and upgrade industry, officials said.

Jiang Youwei, vice-governor of Jilin, said that innovation and upgraded technologies will help drive growth in sectors such as biopharmaceuticals and e-commerce, which will also help create more jobs.

By 2020, Jilin aims to develop its biopharmaceutical industry to reach a market value of 530 billion yuan ($81.5 billion), accounting for 7 percent of the total GDP of the province.