Date
17 August 2017

Govt mulls innovation drive in eastern regions, paper says

China is mulling an innovation-driven transformation of the eastern regions, through initiatives such as improving the policies for technology investments and financial support, as well as stronger international cooperation, the China Securities Journal reported Monday, citing National Development and Reform Commission (NDRC) vice director Zhang Xiaoqiang. To achieve the goals, management of technological resources will need reform, he said, adding that capital chain and related support systems should be set up. Innovations should cover not only technologies but also product, brand, organization and business model, Zhang was quoted as saying.

– Contact HKEJ [email protected]

TL/AC/RC

 

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