China will advance scientific and technological innovation to power economic growth, Premier Li Qiang said in a keynote speech to the China Development Forum 2025 in Beijing on Sunday.
Addressing the opening ceremony of the two-day forum, Li said the approach to strengthening enterprises' sci-tech innovation capabilities will involve greater policy support in the form of increased investment and optimized resource allocation, an AI-focused initiative, and a dedicated national fund.
"We'll support various enterprises to boldly explore new areas and arenas by increasing investment and optimizing resource allocation, among other measures. We will deepen the implementation of the 'Artificial Intelligence Plus' initiative to empower various industries and establish a mechanism for driving investment growth in future industries. We will set up a national entrepreneurial investment guidance fund and expand the scale of re-loans for technological innovation and transformation. All this is aimed at encouraging companies to accelerate innovation and foster the continuous emergence of new technologies, new business models, and new growth drivers. This is how I see the Chinese economy in terms of scientific and technological advancement," said Li.
The China Development Forum 2025 is taking place with the theme of "Unleashing Development Momentum for Stable Growth of Global Economy". The high-profile event has gathered 86 official delegates of multinational companies from 21 countries, a record high.
Premier Li pledges greater gov't support for sci-tech innovation to power economy
Premier Li pledges greater gov't support for sci-tech innovation to power economy
Premier Li pledges greater gov't support for sci-tech innovation to power economy
Movie fans stepped into the shooting locations of racing-comedy film "Pegasus 3" to explore the industrial site that served as the racetrack in the film during a public open day event on Saturday in Ningbo City, east China's Zhejiang Province.
"Pegasus 3" is the third installment in Director Han Han's racing-comedy franchise starring Shen Teng, one of China's most bankable comedic actors. As of Monday, it has surpassed a box office of over 41 billion yuan (around 596 million U.S. dollars), according to ticketing tracker Maoyan.
A refining plant belonging to Sinopec Zhenhai Refining and Chemical Company, a key filming location for "Pegasus 3," saw its unique industrial landscape transformed into a futuristic cyberpunk-style racetrack in the film.
On the open day event at the plant, many fans located the starting point of the "Muchen 100 Rally" qualifying track from the movie while gathering near the entrance. Refining towers, pipe corridors and lighting perfectly matched the shots seen in the film.
"I'm so happy to visit the plant after seeing 'Pegasus 3.' Seeing these buildings and lights in person makes me feel very proud," said Zheng Sijun, a movie fan.
Many industrial facilities, roads and embankment greenways in the plant area appeared in the film's racetrack scenes. These real industrial settings became a vital part of the movie's visual effects.
Fans also entered the central control room of the refinery to get a close-up look at operations.
"When watching the movie, we only saw a general view of the plant on screen. But coming to the site, you realize this is a truly huge, vast and awe-inspiring industrial complex," said Wang Ziyi, another movie fan.
The event's success indicates that the public's passion for film can be translated into educational initiatives, boosting awareness of China's advancements in productive forces among everyday people in the country.
Popular racing film spurs visits to shooting location in east China's Ningbo city
