1. An Integrated Industrial Policy for the Globalisation Era

2. Europe 2020 flagship on industrial policy
The European Commission remains committed to the horizontal and rules-based nature of its industrial policy and to avoid a return to selective interventionist and ad-hoc policies.
However, for this industrial policy to be effective, account needs to be taken of the specific context of individual sectors and their growth potential and their contribution to coping with societal challenges. Therefore, there is also a need for a strong and tailor-made sector-specific implementation to take into account.
The Communication highlights several issues and several sectors that require specific attention, be it energy-intensive industries, space and security industries, eco-technologies, key enabling technologies or health-care and pharmaceuticals industry, the agro-food supply chain or industries critically relying on raw materials.
The theme of the initiatives is to stimulate industrial innovation, to create a competitive and fair level-playing field and to trigger the growth potential of a single market of 500 million customers, of more than 200 million well qualified employees and of more than 20 million enterprises.
The instruments mainly target risk sharing, transaction-cost reductions and the establishment of a well functioning single market for both traditional and innovative products.
At the end of the day, the strategy – and especially its sector-specific initiatives should have helped Europe to deliver the low-carbon and resource-efficient economy and to facilitate restructuring and adjustment.
Food products
Textiles
Pulp and paper
Chemicals
Europe needs industry …
Industry needs Europe
Security and space
Non-metallic products
Electrical engineering
Basic metals
Machine building
Construction
Motor vehicles

3. Importance of industry
Manufacturing value chain, including associated business services
High industrial productivity creates wealth
Manufacturing accounts for 75% of exports and 80% of R&D
Industry as solution-provider helping to tackle societal challenges

4. A fresh approach to Industrial Policy
Promoting
competitiveness
and sustainability
Regular reporting
competitiveness policies
and performance
Integrating full range
of EU policies
Member States:
improving the business
environment 4

5. Key actions Improving the business environment
Strengthening the Single Market
Industrial innovation strategy
Promoting Sustainability
Facilitating industrial change
Capitalising on globalisation
Improving sectoral policy frameworks
Member State competitiveness 5

6. Improving the business environment
Smart regulation:
competitiveness-proofing
ex post fitness checks
Improving access to finance
SME finance
Impact of financial reforms 6

7. Strengthening the Single Market
Improving market surveillance
Creating a market for business services
IPR enforcement
Improving infrastructure
address transport and energy bottlenecks
continue to liberalise energy markets
More timely standardisation 7

8. Industrial innovation policy
More timely development and commercialisation of technologies
Innovation in traditional manufacturing
E-skills for advanced users
Encouraging clusters and better cross-border co-operation 8

9. Promoting sustainability
Develop 2050 Low Carbon Roadmap
Monitor voluntary industry initiatives
Sustainable Industrial Policy: eco-design
Eco-innovation
Energy-intensive industries 9

10. Facilitating industrial change
Mainly responsibility of social partners
Consult on European framework for restructuring
Globalisation Adjustment Fund
Cohesion policy and Structural Funds
Rescue/restructuring Guidelines 10

11. Capitalising on globalisation
Impact assessment of trade negotiation mandates and ex post analysis
Pursue market access and close monitoring of partner trade policies
International regulatory co-operation
Closer relationship with neighbourhood
Strategy on access to raw materials 11

12. Targeted approach to sectors
Space policy
Clean and energy-efficient vehicles
Health and Pharmaceuticals
Sustainable construction
Bio-based markets
Chemicals and construction innovation
Cultural and creative industries 12

13. Member State competitiveness (TFEU, article 173)
Annual monitoring of Member State competitiveness and performance
Peer reviews and good practice on:
Competitiveness-proofing/ smart regulation
Small businesses through SBA
Access to finance
Market surveillance and IPR enforcement
Key enabling technologies
Environmental technologies

14. Web links Communication and its accompanying documents:
Monthly note on the economic recovery: