China will focus on advancing new industrialization and integrating sci-tech and industrial innovation as part of efforts to boost new quality productive forces this year, according to an official at the ongoing China Development Forum 2025 in Beijing.
This year's forum, scheduled from March 23 to 24, is themed "Unleashing Development Momentum for Stable Growth of Global Economy."
Li Lecheng, the Party secretary of the Ministry of Industry and Information Technology (MIIT), said when attending the forum that China will increase its high-quality scientific and technological supply in 2025, which includes implementing high-quality development actions for key manufacturing industry chains and planning new major national science and technology projects in emerging fields such as humanoid robots and atomic-level manufacturing.
China will also encourage and support foreign companies to establish research and development centers in the country and collaborate with domestic firms on technological research, providing a "source of power" for global innovation while emphasizing the strengthened role of enterprises in scientific and technological innovation, he said.
"We will advance the tiered development of innovative enterprises, promote the growth of small and medium-sized enterprises (SMEs) that use specialized and sophisticated technologies to produce novel and unique products, push the development of unicorn and gazelle companies, and actively support foreign companies in innovating and starting businesses in China. These efforts will enable more enterprises to surge ahead in new areas and arenas," said Li.
In terms of institutional reform, China will introduce implementation opinions to promote the high-quality development of the science and technology service industry. It will also promote the construction of national technology trading service platforms and national-level manufacturing pilot-scale platforms, fostering specialized technology transfer institutions through market-based mechanisms, he said.
Foreign companies will be supported in participating in the transformation of achievements and in innovation and entrepreneurship platforms, Li said, stressing that the country's goal is to accelerate the transfer of advanced technologies, products, and solutions to China, translating more innovative achievements into real productivity.
China will also continue to optimize the business environment for innovation, he said.
"We will steadily expand institutional opening up in terms of rules, regulations, management, and standards. We will promote the accelerated flow of innovative elements such as finance, talent, and data on a global scale. We will deepen collaborative innovation among industry, universities, and research, and accelerate the construction of several open and diverse innovation 'small ecosystems' to jointly foster the 'large ecosystem' of global integrated development," said Li.
'Tiered development of innovative enterprises' to boost China's quality productive forces in 2025
