Chinese premier stresses gathering strength in technological innovation

Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, inspects TASSON, a technology company, during an inspection tour in Beijing, capital of China, Sept. 21, 2023. (Xinhua/Yin Bogu)

BEIJING, Sept. 21 (Xinhua) -- Chinese Premier Li Qiang urged specialized and sophisticated small and medium-sized enterprises (SMEs) to advance technological innovation and specialize in niche sectors to play a bigger role in the country's self-reliance and strength in science and technology and stabilizing the industrial and supply chains.

Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour in Beijing on Thursday.

When inspecting a medical technology company, Li commended the company's achievements in innovation and encouraged it to enhance the development of AI-assisted diagnosis and treatment technology to make people benefit from advances in science and technology.

At a high-tech company, after learning in detail about the company's research, development and product applications, the premier stressed efforts to enhance the promotion and application of novel products and technologies.

Li also underscored the importance of self-reliance in crucial technologies and links and grasping the initiative of development during his visit to another company.

"As China is in a crucial junction of high-quality development, we should further boost confidence in development and maintain resolve in promoting industrial transformation and upgrading," Li said during his inspection tour.

For the specialized and sophisticated SMEs, the key lies in innovation, Li said, urging efforts to promote high-end, smart, and green transformation.

China will introduce more targeted and effective policies and provide more convenient and timely services for enterprises in financing support, tax incentives, and property rights protection, among others, according to Li.

Li said Beijing should leverage its advantages in industrial foundations and scientific and educational resources to create a favorable ecosystem for innovation, so as to make more contributions to building self-reliance and strength in science and technology.

Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, inspects Beijing U-precision Tech Co., Ltd. during an inspection tour in Beijing, capital of China, Sept. 21, 2023. (Xinhua/Yin Bogu)