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State Council approves Chongqing innovation zone

Updated: Jul 26,2016 2:08 PM

The State Council on July 26 issued a reply to Chongqing municipal government, approving construction of an independent innovative demonstration zone.

The move is aimed at thoroughly carrying out the spirit of mass entrepreneurship and innovation, and implementing an innovation-driven development strategy to further develop new economy and new engines.

According to the reply, the demonstration zone in Chongqing should give full play to the comparative advantage of its industry, system and opening up.

The State Council also approved Chongqing high-tech zone to enjoy preferential policies as an innovative demonstration zone. Meanwhile, it also urged Chongqing to continue to expand the policy of streamlining administration and delegating powers, and carry out reforms in the sci-tech system and innovation mechanism.

The State Council also asked Chongqing government to strengthen organizational leadership and supervision, establishing a system for integrated development and a platform for innovative cooperation.

In addition, according to the plan, the construction of the demonstration zone in Chongqing will follow the guidance of the coordination group that is under the national department of innovation demonstration.