Shang Yong: China speeds up building of national innovation mechanism

From Xinhua – English:

A senior science and technology official said here Thursday that China is speeding up the building of a national innovation mechanism to spur more scientific and technological breakthroughs in the world’s most populous country.

Shang Yong, vice minister of Science and Technology, said at a high-profile discussion that the country encourages national and local enterprises to sharpen their edges in innovation.

Shang said the state is considering adopting new incentive policies which might help nurse innovative ideas and human forces for scientific innovation.

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