China Tightens Focus on Tech Innovation, ‘New Productive Forces’

Quick Summary:

Vice Premier injects a sense of urgency, warning citizens that China's industrial future faces fierce foreign competition: "If we stop moving forward, we fall back; if we move forward slowly, we fall back too".

The post China Tightens Focus on Tech Innovation, ‘New Productive Forces’ appeared first on Asia Financial.

This change of tack was reaffirmed at the recent Communist Party plenum.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailand

Topics: Market Insights Transport Insights Fintech Insights ESG Regions Electric Vehicles Energy Insights Asia China-US Economic Ties World

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 10:31:02 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 21854716

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