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Innovation-driven economy: China's game changer

CGTN, 02 Mar 2023
For more:
https://www.cgtn.com/video

China has forged ahead with a new development pattern, after its GDP hit a record high of 121 trillion yuan, or about 18 trillion U.S. dollars, in 2022. High-tech and equipment manufacturing showed a growing momentum. And, China's gross domestic expenditure on research and development was over three trillion yuan last year. China has embarked on an innovation-driven strategy as it strives to become a global science and technology leader. Breakthroughs in space exploration, 5G and artificial intelligence bode well for the economy. Now, preparations are underway for China's largest annual political gathering, the Two Sessions. What can we expect from the upcoming political gathering, especially about high-tech development toward high-quality economic growth?

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