What's Happening?
China is focusing on innovation as a key driver for achieving self-reliance in science and technology. According to Zhou Yuehui, a professor of economics at the Party School of the CPC Central Committee, the integration of scientific and technological
innovation in industrial applications is essential for high-quality development. The country aims to advance innovation across technologies, business models, and management systems to foster new productive forces. Efforts are being intensified to achieve original and disruptive breakthroughs in science and technology, which are crucial for China's modernization during the 15th Five-Year Plan period.
Why It's Important?
China's emphasis on innovation for sci-tech self-reliance is significant for its economic and technological development. By focusing on original and disruptive innovations, China aims to strengthen its position in global science and technology frontiers. This strategy is expected to drive high-quality growth and modernization, enhancing the country's competitiveness in key industries. The transformation of scientific progress into productive forces will lead to the emergence of new industries and the upgrading of existing ones, contributing to a resilient and independent industrial system. This approach is vital for safeguarding national security and advancing China's global influence.
