Monday, May 21, 2007

Chinese New and High-Tech Industry


According to statistics, China has made 493,000 important scientific and technological achievements since 1981, of which nearly 20 percent have reached the advanced international levels. To speed up the transfer of scientific and technological achievements, and promote the development of high-tech industry, the Chinese government has implemented a series of policies. At present, over 80 percent of the nation's sci-tech force has been engaged in economic development work and the overwhelming majority of the scientific research institutes specializing in developing technology have gradually taken the road of independent development geared to market operations. In recent years, the business volume of the nation's technology market has increased at an annual rate of over 50 percent.


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