-Delivers speech for APEC CEO Dialogues
BEIJING: Chinese President Xi Jinping said Thursday that innovation has always been the primary driver of development to China, and the country will endeavor to build an innovation system that integrates science and technology, education, industries and the financial sector, and upgrade the industrial chains.
Mr. President made this remarks while delivering a keynote speech via video at the APEC CEO Dialogues. He further said that China will fully leverage the demand of its super-sized domestic market and the strengths of its complete industrial system and redouble efforts to turn research outcomes into real productivity, Xi said in his keynote speech delivered via video at the APEC CEO Dialogues.
What we have achieved during the past 40-plus years of China’s reform and opening-up shows one thing: Reform is crucial for unleashing and boosting productivity. China has entered a new stage of development and faces new tasks of reform.
We will take more steps and remove with greater resolve deep-seated systemic and institutional barriers to modernize China’s governance system and capacity.
We will enhance our ability to better apply the new development philosophy, namely, one of pursuing innovative, coordinated, green, open and shared development. We will transform the growth model, upgrade quality and performance, and make growth drivers more robust.
We will accelerate the building of a modernized economy, strengthen protection of property and intellectual property rights, set up a high-standard market system and improve mechanisms for fair competition. All this will fully motivate all types of market entities.
Mr. Xi Jinping has called for staying on the path of socialist rule of law with Chinese characteristics, and promoting the modernization of China’s governance system and capacity along the path of the rule of law. President made the statement when addressing the central conference on work related to overall law-based governance held in Beijing.
– The Daily Mail-China Daily News exchange item
