Premier Li said in an instruction that students are “fresh troops” for the ongoing reform of mass entrepreneurship and innovation.
Mass entrepreneurship and innovation are becoming a new growth engine, Premier Li Keqiang said on Oct 19.
Premier Li Keqiang gave an impromptu speech at the launching ceremony for the National Mass Entrepreneurship and Innovation Week on Oct 19 in Beijing.
The State Council issued an opinion including specific measures to further boost mass entrepreneurship and innovation.
The State Council holds the weekly policy briefing, focusing on mass entrepreneurship and innovation.
Zhongguancun is envisioning its latest round of innovation as an entrepreneurs’ fair opened on Oct 11 and plans were issued to lengthen its centerpiece, Inno Way.
Chengdu, the capital of Sichuan province is becoming a major center for startups, as the city has added more than 900 tech startups each month since January.
China is embarking on a round of industrial consolidation as part of the “Made in China 2025” plan to boost the manufacturing sector.
Premier Li’s administration has identified and pinned high hopes on public entrepreneurship and innovation as the next driving force.
To boost economic growth, the government must provide the necessary environment and infrastructure, and bring those together with the protagonists of innovation.
In the government work report this year, Premier Li Keqiang mentioned “innovation” 29 times, whereas in the 2014 Report it was mentioned only 3 times.
In this year’s Government Work Report, Premier Li Keqiang has repeatedly stressed the importance of innovation.
Thibaud Andre, French consultant at Daxue Consulting: Chinese companies have innovated in directions Western companies haven’t.
Roland Berger, founder and chairman of Roland Berger: I think what the Chinese government is doing is exactly the right thing: Going for innovation.