Sep 06, 2018 08:00 PM
ECONOMY
Government Should Assist, Not Dictate, High-Tech Development: Report

Liu He (center), one of the four vice premiers of the State Council, attends the World Robot Conference in Beijing on Aug. 15. Photo: IC
Vice Premier Liu He called for the government to focus more on providing assistance and less on planning for China’s high-tech sector, as the nation seeks to lessen its reliance on imported products.
The comments came in a government report published Wednesday after the first meeting of a new central technology group under the leadership of Liu, one of China’s top economic strategists. The report cited “profound changes in the external environment” — a reference to growing Western resistance to selling sophisticated technology to China.
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
MOST POPULAR
- 1Opinion: Sacrificing Half the World’s People Undercuts ‘The Wandering Earth’s’ Humanistic Message
- 2Two Large Chinese Borrowers Are Said to Miss Bond Payments
- 3China Biz Roundup Podcast: Factory Inflation Stalls, iPhone Discounts, and Private Kindergarten Closures
- 4Holiday Spending Bodes Poorly for China’s Economy This Year
- 5Indebted Chinese Investment Firm Turns to Thai Conglomerate for New Co-Chairman
SPONSORED
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas