Chinese Premier Li Qiang has set the stage for high-quality development in Tianjin, emphasizing the need for comprehensive reforms and innovative strategies. During his recent inspection of the north China municipality, Premier Li outlined a vision for high-standard opening-up and the integration of technological and industrial innovation.
Following the conclusion of the third plenary session of the 20th CPC Central Committee, Li engaged with researchers and leaders from fintech institutions and startups in a sci-tech innovation park. He highlighted the importance of building robust innovation service ecosystems and effectively applying researchææ to drive progress.
Premier Li stressed the creation of more attractive scientific innovation platforms and the enhancement of incentives for researchers. Supporting small and medium-sized tech firms was emphasized as a critical factor for fostering a vibrant tech community in Tianjin.
During his tour of an elevator manufacturer and a financial leasing company in the Tianjin Binhai New Area, Li underscored the utilization of favorable policies, such as the national large-scale equipment upgrade program. He advocated for strong support for enterprises advancing in the field of artificial intelligence, recognizing the pivotal role of financial tools like financial leasing in serving the real economy and facilitating industrial transformation.
Li encouraged the Binhai New Area to invigorate its growth by deepening reforms, focusing on institutional innovation, and addressing bottlenecks in the reform of the pilot free trade zone. He also highlighted the significance of financial innovation, new urbanization, and high-standard opening-up as key drivers for sustained development.
The Premier called for leveraging Tianjin's port and shipping advantages to unlock the region's industrial potential. Strengthening cooperation with neighboring Beijing and Hebei Province was identified as essential for promoting coordinated regional development.
Reference(s):
Chinese premier urges Tianjin to promote high-quality development
cgtn.com
