🚀 China is gearing up to supercharge its innovation game in 2024! 🌟 The country is aiming to modernize its industrial system and cultivate new quality productive forces at a faster pace. Sounds futuristic, right? Let's dive in!
At the opening meeting of the second session of the 14th National People's Congress on Tuesday, Chinese Premier Li Qiang outlined some exciting tasks to achieve this ambitious goal. Think hydrogen power, new materials, bio-manufacturing, commercial spaceflight, and even quantum technology! 🛰️⚛️
But what's this buzz about \"new quality productive forces\"? In simple terms, it's all about leveraging science and technology to drive growth and nurture emerging industries. Translation: Tech and data are the new cool kids on the block, reshaping China's industrial landscape. 💾📈
Wang Dan, chief economist at Hang Seng Bank China, shared that China's future growth won't just be about traditional factors like labor and capital. Instead, it's about achieving \"technological sovereignty\" in a competitive global scene. Tech sovereignty means having control and autonomy over technological development and application. Pretty empowering, huh? 💪
Minister of Science and Technology Yin Hejun highlighted some of China's big wins in original innovation. From advancements in quantum technology to the launch of the world's first fourth-generation nuclear power plant and the C919 large aircraft, China's tech prowess is on the rise! ✈️
Yin emphasized that innovation not only boosts traditional industries but also lays the foundation for new productive forces. And guess what? The numbers back this up! The National Bureau of Statistics reports a steady increase in the GDP share of strategic emerging industries in China. It grew from 7.6% in 2014 to over 13% in 2022 and is projected to exceed 17% by 2025! 📊🔥
With the launch of an AI Plus initiative to integrate artificial intelligence across various sectors, China is definitely on a path to a tech-savvy future. Keep an eye out, because the innovation train is picking up speed! 🚄
Reference(s):
cgtn.com
