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Foreign investors are seeking deeper participation in China’s sci-tech innovation development at the 2024 Zhongguancun Forum (ZGC Forum), as the cultivation of unicorn enterprises and incubation of sci-tech enterprises became hot topics of discussion at sub-forums on Sunday.
As China has stepped up monetary and fiscal support for its economic recovery, both global and domestic expectations for China's growth prospect in 2024 are rising. In its latest report, the IMF has further raised its forecast for China's growth in 2024 to 4.6 percent, up 0.4 percentage point from its previous projection.
Premier Li Qiang is preparing to deliver his maiden annual government work report in March, and China’s No 2 official stepped up preparations this week by soliciting opinions during symposia.