diff --git a/README b/README
index 08b2e1b745..78f907df56 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-GStreamer 1.16.x stable series
+GStreamer 1.17.x development series
 
 WHAT IT IS
 ----------
diff --git a/RELEASE b/RELEASE
index 0a189fe2a6..e2562807e7 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1,4 +1,4 @@
-This is GStreamer core 1.16.0.
+This is GStreamer core 1.17.0.1.
 
 The GStreamer team is thrilled to announce a new major feature release in the
 stable 1.0 API series of your favourite cross-platform multimedia framework!
diff --git a/configure.ac b/configure.ac
index 479a7a0edd..0f4374326c 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@ dnl initialize autoconf
 dnl when going to/from release please set the nano (fourth number) right !
 dnl releases only do Wall, git and prerelease does Werror too
 dnl
-AC_INIT([GStreamer],[1.16.0],[http://bugzilla.gnome.org/enter_bug.cgi?product=GStreamer],[gstreamer])
+AC_INIT([GStreamer],[1.17.0.1],[http://bugzilla.gnome.org/enter_bug.cgi?product=GStreamer],[gstreamer])
 AG_GST_INIT
 
 dnl initialize automake (we require GNU make)
@@ -62,7 +62,7 @@ dnl      1.2.5 => 205
 dnl      1.10.9 (who knows) => 1009
 dnl
 dnl sets GST_LT_LDFLAGS
-AS_LIBTOOL(GST, 1600, 0, 1600)
+AS_LIBTOOL(GST, 1700, 0, 1700)
 
 dnl *** autotools stuff ****
 
diff --git a/docs/plugins/inspect/plugin-coreelements.xml b/docs/plugins/inspect/plugin-coreelements.xml
index c690cabdde..a273904f6d 100644
--- a/docs/plugins/inspect/plugin-coreelements.xml
+++ b/docs/plugins/inspect/plugin-coreelements.xml
@@ -3,10 +3,10 @@
   <description>GStreamer core elements</description>
   <filename>../../plugins/elements/.libs/libgstcoreelements.so</filename>
   <basename>libgstcoreelements.so</basename>
-  <version>1.16.0</version>
+  <version>1.17.0.1</version>
   <license>LGPL</license>
   <source>gstreamer</source>
-  <package>GStreamer source release</package>
+  <package>GStreamer git</package>
   <origin>Unknown package origin</origin>
   <elements>
     <element>
diff --git a/docs/plugins/inspect/plugin-coretracers.xml b/docs/plugins/inspect/plugin-coretracers.xml
index a2b37ea182..04e47ff319 100644
--- a/docs/plugins/inspect/plugin-coretracers.xml
+++ b/docs/plugins/inspect/plugin-coretracers.xml
@@ -3,10 +3,10 @@
   <description>GStreamer core tracers</description>
   <filename>../../plugins/tracers/.libs/libgstcoretracers.so</filename>
   <basename>libgstcoretracers.so</basename>
-  <version>1.16.0</version>
+  <version>1.17.0.1</version>
   <license>LGPL</license>
   <source>gstreamer</source>
-  <package>GStreamer source release</package>
+  <package>GStreamer git</package>
   <origin>Unknown package origin</origin>
   <elements>
     <tracer>
diff --git a/meson.build b/meson.build
index e738c557f0..4819ba3b64 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('gstreamer', 'c',
-  version : '1.16.0',
+  version : '1.17.0.1',
   meson_version : '>= 0.47',
   default_options : [ 'warning_level=1',
                       'buildtype=debugoptimized' ])