President Hu Jintao has called for further efforts to increase the independent innovation and upgrading of the Chinese industrial structure during his inspection tour to Shanghai, which ended Sunday.
Hu visited scientific research bases, industrial parks, and workshops of enterprises during the four day tour, investigating the mode of economic growth and work to promote sound economic and social development.
During his visit to the Commercial Aircraft Corporation of China, Ltd., Hu said that the Communist Party of China (CPC) Central Committee had made a strategic decision to develop large passenger aircraft. He expressed hopes that the community stick to independent innovation and succeed at an early date.
At the Spreadtrum Communication, Inc., a high-tech company founded by returned overseas students, Hu said independent innovation is the lifeline of a company. He parted with these words to the company staff: “I hope you make further breakthroughs in core technologies, so as to boost China’s communication industry.”
At the end of the inspection tour, Hu heard the work report by the CPC Shanghai municipal committee and the Shanghai government. He said he greatly appreciated the work done in Shanghai in recent years. He called on the cadres and people in Shanghai to stage a “successful, brilliant, and memorable” World Expo.
Hu said China should take the international financial crisis as an opportunity to restructure the industry and enhance independent innovation, so as to shift the pattern of economic growth. He also urged to promote energy conservation, emission reduction and eco-protection, as well as to improve people’s livelihood, so that the shift of the economic growth pattern could benefit the general public.
I applaud President Jintao for promoting independent innovation and making breakthroughs in core technologies. Such breakthroughs are sure to provide strong support for the transformation of the mode of economic growth in China and elsewhere.
View a previously written post by Mouli Cohen about international markets