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New innovation index system to boost Guangdong's economy

2015-March-11       Source: Newsgd.com

Guangdong is getting ready to set up a new index system to quantify and monitor Guangdong innovation, released Guangdong official during the on-going annual national legislative session in Beijing.

Guangdong R&D cost has exceeded national average level

Guangdong's ambition of innovation

Innovation became a heated topic since Hu Chunhua, Secretary of CPC Guangdong Provincial Committee, emphasized implementing innovation strategy to achieve industrial transformation on January 15. Later at the opening of 2015 Guangdong legislative and political advisory Sessions on February 9, Guangdong's governor, Zhu Xiaodan, also revealed on the government work report that "Guangdong needs to adjust itself to the "New Normal" of transforming the traditional economic structure to innovation-based structure, to achieve the harmony and healthy growth of economy and society."

Also at Guangdong Hi-Tech Innovation Conference on February 27, leaders from 21 major cities from Guangdong map out blueprints for the strategic development of the high-tech industry in Guangdong, urging innovation-based development as the main engine to boost the reconstructing the province's economy.

Two days after the conference, Guangdong government issued a "Guideline" to boost the provincial hi-tech innovation, which first introduced many strategies to encourage public creators. Innovation has became the key word of this year's economy development of Guangdong.

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Editor: Olivia

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