OREANDA-NEWS. May 11, 2011. “Over the next decade, Russia should join the ranks of the world’s five largest economies by GDP. I am, of course, not talking about a numbers race but about the need to achieve qualitative development through innovation and increased efficiency in both conventional and so-called new industries and sectors of the economy.”
Transcript of the beginning of the meeting:

Dear colleagues,

First of all, I would like to thank you for the opportunity to speak at the Congress of the Russian Engineering Union and address such a respectable and representative audience.

The Russian engineering industry, including the defence sector, employs over three million people. It would be no exaggeration to say that the state of the country's economy and the welfare of millions of our citizens to a large degree depend on the results of your work.

Over the next decade, Russia should join the ranks the world's five largest economies by GDP. I am, of course, not talking about a numbers race but about the need to achieve qualitative development through innovation and increased efficiency in both conventional and so-called new industries and sectors of the economy.

We need to diversify our economy and reduce its dependence upon natural resources – we have been talking a great deal about this, and it is one of the key tasks for the country's development in the coming decades. We need to modernise the job market and the education system; create efficient, highly productive, and well paid jobs; and implement large-scale projects in energy, transport, and utilities sectors...