Key facts
- China will enhance support for startups and unicorn companies in key sectors.
- The initiative aims to foster innovation and growth within key industries.
- The goal is to achieve technological self-reliance.
China's Premier Li Qiang announced that the country will enhance support for startups and unicorn companies in key sectors. This initiative aims to foster innovation and growth within these industries, ultimately contributing to China's goal of achieving technological self-reliance. The move signals stronger policy support for new industries and firms deemed critical for the nation's future.