Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 24 (Xinhua) — The results of innovation-driven development are becoming more evident every day, and the strategy of driving development through innovation is gaining momentum, a State Council report said Tuesday.
Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area have made remarkable progress in becoming international hubs for scientific and technological innovation, according to a report submitted by the State Council to the current session of the Standing Committee of the National People’s Congress.
In 2024, the integrated circuit industry saw rapid growth, with production increasing by 22.2 percent and its export value exceeding 1.1 trillion yuan (about 153 billion US dollars), reaching a historical high.
The report states that new batches of high-tech domestically produced equipment have been put into operation, including high-power tractors with continuously variable transmission and large-capacity liquefied natural gas tankers.
The report shows that China’s scientific, technological and industrial innovation are deeply integrated, and the country’s construction of a modernized industrial system is progressing at an accelerated pace.
China has also made progress in promoting green and low-carbon development, with energy consumption per unit of GDP falling by more than 3 percent in 2024. The report emphasizes that China has created a good foundation and favorable conditions for cultivating productive forces of new quality. –0–