Vice premier stresses importance of innovations at business summit
GOV.cn Sunday, September 10, 2006

Chinese Vice Premier Zeng Peiyan addresses the China Business Summit 2006 in Beijing, capital of China, Sept. 10, 2006. The China Business Summit opened in Beijing on Sept. 10. [Xinhua Photo]


The China Business Summit 2006 is held in Beijing, capital of China, Sept. 10, 2006. [Xinhua Photo]

Chinese Vice-Premier Zeng Peiyan has called for innovations in science and technology as well as in social and economic systems to ensure a sustainable growth for the country.

He made the remarks while speaking at the 2006 China Business Summit that opened in Chinese capital Beijing Sunday.

China has been able to maintain a dynamic economic growth since it launched the reform and opening drive in the late 1970s because its conception of development has undergone a series of innovations in the process, said the vice-premier.

"In the new stage of development, China... will need to further upgrade its conception of development, innovate its model of development, improve its quality of development and take the road of innovations with Chinese characteristics, so that it can attain a sustainable and harmonious economic and social development," Zeng said.

He called for innovations in science and technology, saying that China should try to make breakthroughs in critical and core technologies such as micro-electronics, software, mobile communications, nuclear power, manned space, among others.

China should continue with its reform and accelerate innovations to its social systems, including improving the administrative system to make its government more efficient, he said.

The summit is jointly organized by the China Enterprise Confederation and the World Economic Forum. Over 400 business leaders, experts and government officials took part in Sunday's meeting.

Authorities encourage drug firms to innovate
Plans outlined for breakthrough in info industry
Innovation strategy to boost world economy: official
China to bolster innovation in 103 selected companies
Govt's budget targets four major factors
Shenzhen, HK to allocate funds for innovation
CPPCC to discuss rural development, innovation: Jia
Vice Premier Hui stresses meteorological innovation
Editor: Shanglin Luan
Source: Xinhua