The first minister said she was ready to "put the rocket boosters under our economy" with the help of global investors who have gathered in Newport.
Eluned Morgan was speaking as she opened the first Wales Investment Summit.
The event has attracted delegates from some of the world's leading companies, including chip-maker Nvidia and telecoms giant Vodafone, as well as the chancellor, Rachel Reeves, and the Prince of Wales.
But opposition politicians maintain the Labour Welsh government has already been given ample time to attract investors and grow the economy.
Morgan is facing a Senedd el