It goes on:

President Kim Il Sung set forth long ago an original policy for the building of light industry which calls for developing large-scale centrally-run industry and medium and small-scale local industry simultaneously and wisely led the work to carry it out.

Leader Kim Jong Il, on the basis of a deep insight into the local industry's position and role in the nation's economic development and the improvement of the people's living standard, always paid deep attention to the development of local industry.

The dear respected Marshal Kim Jong Un in his conclusion at the National Meeting of Light Industrial Workers in March last underscored the need for the local industry to fully demonstrate its might in the on-going general advance to improve the people's living standard.

It is an important requirement for socialist economic construction to develop the centrally-run industry and local industry in a proper combination.

The development of the local industry makes it possible to increase the production of consumer goods and their varieties and improve their quality by using all productive reserves and possibilities of the country.

It, at the same time, makes it possible for the country to cut down the state additional spending for the development of light industry but increase investment in the vanguard sectors of the national economy and the field of basic industries.

Only when diverse, peculiar and quality consumer goods are mass- produced at all local industrial factories, will the people lead a more bountiful life and dynamically step up the general advance toward final victory full of confidence and optimism.