Key facts
- President Xi Jinping called for an overhaul of China's innovation system.
- The goal is to achieve technological self-reliance.
- The move aims to bolster China's competitiveness against global rivals.
- China seeks to accelerate its efforts in science and technology.
- The initiative focuses on reducing external technological dependencies.
President Xi Jinping has called for a comprehensive overhaul of China's innovation system, urging the nation to accelerate its pursuit of technological self-reliance. This strategic directive aims to bolster China's competitiveness against global rivals by strengthening domestic capabilities in science and technology. The move signals a significant push to reduce external technological dependencies and foster greater homegrown innovation. The emphasis is on building a robust and independent innovation ecosystem to secure China's future economic and geopolitical standing in an increasingly competitive global landscape. This initiative is expected to drive substantial investment and policy support towards key research and development sectors, with the ultimate goal of achieving breakthroughs that can propel China to the forefront of global technological advancement.