China's Jiangsu restructures new industrial competitive edges, develops new quality productive forces

East China's Jiangsu Province is striving to restructure new industrial competitive edges through technological breakthroughs and innovative scenarios, and developing new quality productive forces at a faster pace.

Benefiting from the rapid development of China's new energy industry and low-altitude economy, Nanjing Movelaser Co., Ltd doubled its production of several wind lidar apparatus and intelligent monitoring devices in the first quarter of this year.

The company's director said that in the past, similar foreign products had an annual sales volume of only about a hundred units in China. However, in 2024, the sales volume of the company reached close to 20,000 units.

Jiangsu has been systematically laying out new development pathways, aiming to tackle 100 major cutting-edge technologies, establish 100 future scientific innovative demonstration enterprises, set up 100 future industry parks for science and technology innovation, create 100 application scenarios for advanced technology, and develop 100 future industry standards and specifications.

"[We'll focus on] advanced technology research and development and incubation, the cultivation of major business formats, and the development of key scenarios. [We are] making layouts in some key areas and tracks, so technology, business formats and scenarios can be coordinated and key directions can be captured in an timely manner. We'll strengthen research and development efforts, so that Jiangsu will be among the first to achieve breakthroughs and to promote applications, truly enpowering new quality productivity a strategic and driving force," said Xu Guanghui, director of the Jiangsu Provincial Department of Science and Technology.

The province recently issued the Action Plan on Supporting and Promoting High-tech Zones to Accelerate the Development of New Quality Productive Forces, proposing that the province's high-tech zones will pioneer 20 domestically leading new development pathways by 2027, nurture 80 unicorn companies, 38,000 high-tech enterprises, and achieve a high-tech industry output value accounting for 65 percent of the total.

China's Jiangsu restructures new industrial competitive edges, develops new quality productive forces

South Korean President Lee Jae Myung said on Wednesday that Seoul firmly adheres to the one-China principle, in comments made ahead of his upcoming state visit to China.

The remarks were made in an interview with China Media Group (CMG). The visit is scheduled for Jan 4–7.

"The consensus reached between governments of the Republic of Korea and China when diplomatic relations were established continues to be the fundamental principle governing our relations, and its effectiveness remains steadfast. I want to clearly state that the ROK has always adhered to the one-China principle. Maintaining peace and stability in regional matters, including in Northeast Asia and concerning the Taiwan issue, holds significant importance to us," said Lee.

"The foundational relationship between the ROK and China was established on a very principled and fundamental basis from the beginning. It is clear that the ROK government has always adhered to this position and has never wavered from it. I believe that the sound development of ROK-China relations depends on both sides fully respecting each other's core interests and being mutually tolerant of each other's positions. In this context, we will, as always, uphold the one-China principle as the Taiwan issue is China's most fundamental concern," he said.

ROK president reiterates firm adherence to one-China principle