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July 12, 2010

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In Henan, Hu stresses restructuring

PRESIDENT Hu Jintao stressed economic restructuring, agricultural production and the role of grass-root Party organizations during his visit to the city of Luoyang in central Henan Province yesterday.

Hu visited state-owned enterprises, research institutes and talked with local farmers during his fieldwork investigation from Friday through yesterday.

At Citic Heavy Industries Co Ltd, the largest manufacturer of mining machinery in China, Hu learned that the company has shifted focus from manufacturing to research and development. He said innovation is the lifeblood of a company.

He also visited a tractor manufacturing plant and a bearing producing company, both enjoying rapid growth thanks to restructuring.

At the China Aviation Lithium Battery Research and Development Center, Hu asked the center to seize the opportunity because the new energy industry is booming and the market demand for lithium batteries is expanding.

At another research institute, Hu stressed the role of talent in scientific and technological research.





 

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