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China set to boost consumer goods sector

The plan also requires to wield local governments’
influence in the transformation of sci-tech achievements,
reinforce interdepartmental cooperation and the concerted
efforts of the army and civilians to form a joint
force in promoting the transformation.
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  • Uged

The State Council on May 9 rolled out an action plan to promote the transformation of sci-tech achievements. It is the key to implementing structural reform, bolstering economic upgrading and adjusting industrial structure.

The action plan hopes that the market will play a “decisive” role in allocating resources for scientific and technological (sci-tech) innovation, and strengthening enterprises’ major role in promoting the transformation of sci-tech achievements.

It urged accelerating the shift of government functions through streamlining administration and delegating power, optimizing public services and strengthening government functions in policy-making, talent cultivation and public services.

The plan also requires to wield local governments’ influence in the transformation of sci-tech achievements, reinforce interdepartmental cooperation and the concerted efforts of the army and civilians to form a joint force in promoting the transformation.

Uged

The action plan hopes that the market will play a “decisive” role in allocating resources for scientific and technological (sci-tech) innovation, and strengthening enterprises’ major role in promoting the transformation of sci-tech achievements. It urged accelerating the shift of government functions through streamlining administration and delegating power, optimizing public services and strengthening government functions in policy-making, talent cultivation and public services.

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