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China News: Policy Support Drives Growth of Innovative Tech Firms in China

  

November 22, 2024     Share on   facebook   Twitter

China's Two-Oriented Policy is providing a strong boost to the country’s high-tech industries, spurring innovation and investment. According to data from the National Bureau of Statistics, investment in high-tech sectors grew by 9.3 percent year-on-year in the first 10 months of the year, outpacing overall investment growth. Aerospace and equipment manufacturing sectors have seen particularly significant gains, with investments surging nearly 35 percent.