Innovation set to boost strength in key sectors

China's commitment to pursuing integrated advancements in technological and industrial innovation will help the country gain a competitive advantage in strategic emerging sectors and industries of the future, and lay a solid foundation for the long-term growth of its economy amid external uncertainties, said national lawmakers and political advisers.
Highlighting that sci-tech innovation serves as the core element in developing new quality productive forces, they called for heightened efforts to step up research and development investment in core technologies in key fields, as well as reinforce the principal position of enterprises in bolstering independent innovation, in order to facilitate a shift from old growth drivers to new ones.
The country has sent a clear signal that it is dedicated to implementing the innovation-driven development strategy, bolstering deeper integration of cutting-edge digital technologies and the real economy, and accelerating the establishment of a modernized industrial system, they added.
