China's recent decision to promote high-quality development of its central region－Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan provinces－will also bring about more balanced development and improve the overall strength and competitiveness of the region, officials said on Monday.
China will step up relief and assistance to market entities, especially micro, small, and medium-sized enterprises, and strengthen policy reserves, to ensure cross-cyclical adjustments, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.
China will further reform and improve the management of central budgetary research funding to give researchers greater discretion in the utilization of funds and better motivate them to concentrate on their research.
China is paving the way for the central region to power ahead, with the focus on boosting high-quality development and promoting high-level opening-up.
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors.
The Hefei National High-Tech Industry Development Zone recently issued an implementation plan aiming to peak its carbon dioxide emissions and achieve carbon neutrality, taking the lead among industrial zones.
China's decision to provide more impetus to the growth of its central region will help the nation sustain high-quality development, narrow the regional divide and facilitate the economy's transformation in a greener and low-carbon direction, according to analysts.
A newly-passed blueprint for China's development in the next five to 15 years has garnered wide attention as it offers a glimpse into the country's innovation path and future sci-tech scenes.