Lt. Gov. Gavin Newsom released an economic and workforce development strategy for the state today calling for growth in manufacturing and exports and an emphasis on clean technology, education and infrastructure development.
The Economic Growth and Competitiveness Agenda for California was released today at an event at Wyse Technology in San Jose.
Newsom said the state has lacked a comprehensive plan to guide economic growth for more than a decade. He began work on the plan shortly after being elected lieutenant governor.
“This document, and the actions it calls for, outlines how we can retake control and drive forward again, moving California back into the lead on sustainable growth and real job creation—regaining our leadership role as America’s opportunity capital,” Newsom said.
Key pillars of the plan include an emphasis on exports across all sectors and regions, a call for a reinvigoration of manufacturing, investment in innovation, expansion in clean technology, expansion of job opportunities through the development of new skills, construction and maintenance of infrastructure, the creation of regional economic clusters, and the streamlining of state agencies involved in economic development.
The report drew praise and endorsements today from officials including Sen. Dianne Feinstein, U.S. Rep. Nancy Pelosi and State Treasurer Bill Lockyer, as well as from groups including the Silicon Valley Leadership Group, the California Chamber of Commerce and the California Labor Federation, among others.