China ‘two sessions’ 2021: Beijing shifts country’s basic research and development, tech innovation into overdrive

Source: South China Morning PostChina will step up scientific research and development over the next five years and beyond, after the country’s top legislature approved on Thursday an ambitious national policy blueprint to become a world-leading power amid a broad trade and tech rivalry with the United States.Premier Li Keqiang vowed to pursue institutional reforms and introduce tax incentives to boost the country’s basic research and development (R&D) initiatives, which lag behind those in the US and other developed…Read More

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