3 years, 4 months ago

Shandong bolsters innovation-driven development

East China's Shandong province has been ramping up efforts to improve its innovation capabilities to facilitate regional high-quality development, according to local authorities. Innovation ability affects the prospects of a region's high-quality development, said local officials, adding that the province is aiming to buildi an innovative province with measures to support the "Four New" economies and the development of high-tech industries. Shandong has implemented the strategy of innovation-driven development, strengthening Shandong through science and education, as well as high-caliber human resources in an effort to build a comprehensive innovation system. Starting from 2020, the Shandong government has set up funds for technological innovation and development of no less than 12 billion yuan annually.

China Daily

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