China will step up efforts to spur innovation as it builds the new development paradigm in the coming five years, bringing sustained growth momentum to its economy and great opportunities to foreign businesses, officials and experts said on Thursday.
The country will roll out more policy support to motivate businesses to engage in research and development during the 14th Five-Year Plan (2021-25) period, Li said, adding that China has decided to raise the extra tax deduction on the R&D expenses of manufacturing enterprises.
Li made the remarks at a news conference after the National People s Congress, China s top legislature, adopted the Outline of the 14th Five-Year Plan for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 and closed its annual session on Thursday.
US tariff move helps 99 medical product categories--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Shippers, container makers in overdrive By ZHONG NAN and LIU ZHIHUA | China Daily | Updated: 2021-03-12 09:38 Share CLOSE Visitors to the third China International Import Expo gather at an entrance to the expo at the National Exhibition and Convention Center in Shanghai on Nov 10. [Photo/Xinhua]
China to pursue high-standard opening-up, improved performance in foreign trade and investment amid ongoing pandemic
Countless containers await loading at the cargo terminal of Shekou Port in Shenzhen, Guangdong province, amid sustained global demand for Chinese exports－a testimony to the newfound paramount significance of supply systems and logistics in the wake of the COVID-19 pandemic.
US tariff move helps 99 medical product categories-The United States is extending tariff exclusions on about 99 categories of medical products from China until Sept 30, to support the fight against COVID-19, the US Trade Representative office said on Wednesday.
More policy support for businesses R&D
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Premier says companies are the most important force in making innovations
China will step up efforts to spur innovation as it builds the new development paradigm in the coming five years, bringing sustained growth momentum to its economy and great opportunities to foreign businesses, officials and experts said on Thursday.
Companies are the most important force in making innovations, Premier Li Keqiang said on Thursday.
The country will roll out more policy support to motivate businesses to engage in research and development during the 14th Five-Year Plan (2021-25) period, Li said, adding that China has decided to raise the extra tax deduction on the R&D expenses of manufacturing enterprises.