Xi Calls on China to Boost Tech Innovation and Commercialization, Warning Against Wasting Resources
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Xi Jinping calls for greater effort to transform scientific research into marketable products, citing China's low patent conversion rate compared to the U.S.
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Xi singles out Guangdong and Jiangsu provinces to take the lead in tech innovation and national growth given their economic importance.
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Xi warns against wasted investment or abandoning traditional industries in the pursuit of breakthroughs.
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Xi advocates incentives to promote applying scientific research, while breaking bottlenecks and obstacles.
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Xi says vocational training of skilled workers is key to move China up industrial chains and generate necessary human capital.