China sets 5-yr tech innovation drive

BEIJING: As the world is paying close attention to how China, the world’s second-largest economy, will shape its development plan for the next five years, technological innovation is in the spotlight, as it is a key driver of the “dual circulation” development model.

Marking the first five years of China’s new journey toward building a modern socialist country and marching toward the second centenary goal, the 14th Five-Year Plan (2021 to 2025) period is crucial for China to realize key technology targets and play up the role of technology in enhancing the country’s high-quality development, experts said.