China ‘two sessions’ 2021: Beijing shifts country’s basic research and development, tech innovation into overdrive

//China ‘two sessions’ 2021: Beijing shifts country’s basic research and development, tech innovation into overdrive

China ‘two sessions’ 2021: Beijing shifts country’s basic research and development, tech innovation into overdrive

China will step up scientific research and development over the next five years and beyond, after the country’s top legislature approved on Thursday an ambitious national policy blueprint to become a world-leading power amid a broad trade and tech rivalry with the United States.Premier Li Keqiang vowed to pursue institutional reforms and introduce tax incentives to boost the country’s basic research and development (R&D) initiatives, which lag behind those in the US and other developed…

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By | 2021-03-12T13:00:22+00:00 March 12th, 2021|Technology|Comments Off on China ‘two sessions’ 2021: Beijing shifts country’s basic research and development, tech innovation into overdrive