Related News

Home » Business » Economy

Government to invest billions into 11 research programs

CHINA will support 11 national research programs with funding of at least 62.8 billion yuan (US$9.2 billion) over one and a half years to achieve breakthroughs in key technology development, the government said yesterday.

Areas covered by the programs included advanced numerically controlled machine tools, trunk-line aircraft, a new-generation broadband wireless mobile communications network, and high-end central processing units and software.

The programs also focus on the development of large oil and gas fields, advanced nuclear power stations that use pressurized-water reactors and high-temperature gas-cooled reactors, technology for the treatment and control of water pollution, transgenic products, drug development, and the treatment of major infectious diseases such as HIV/AIDS.

A working meeting of the State Council, China's Cabinet, yesterday endorsed the proposed government investment of 62.8 billion yuan into the programs by the end of next year.

Further investment is expected to be added by companies directly involved in the programs.

The meeting, presided over by Premier Wen Jiabao, was told that the new technologies would help boost internal market demands as China strived to maintain steady growth amid the global economic downturn. They will yield profound impacts on the economic and social development of China.

The meeting also adopted a plan on stimulating the country's biological-technology development in areas such as medicine, agriculture, energy, manufacturing and environmental protection.

China will support bio-industry firms, particularly those with strong research and development capabilities and international competitiveness.

The plan is aimed at giving companies much-needed support. For example, self-developed bio-industry products would be given first-choice status in government purchasing plans.

The government will enhance the protection of intellectual property rights and ensure safe use of biological technologies, the plan said.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend