# technology innovation
Latest news and articles about technology innovation
Total: 2 articles found
Xi Orders Steady, State-Led Push to Build China’s 'Future Industries' and Seize the Tech High Ground
At a January 30 Politburo study session, Xi Jinping called for a steady, comparative‑advantage driven development of China’s future industries, using state coordination and enterprise leadership to overcome technological bottlenecks. The plan emphasises mission‑oriented research, fiscal and financial support, talent cultivation, and a governance balance that manages risk while enabling innovation.
Beijing Offers 1.5-Point Interest Subsidy to Spur Equipment Upgrades — A Boost for Industry and SMEs
China has launched a central fiscal interest subsidy of 1.5 percentage points on fixed-asset loans for equipment upgrades, payable from loan disbursement and capped at two years. The scheme expands supported sectors, appoints 26 banks as implementers, simplifies payment procedures through pre-allocation and settlement, and runs through at least the end of 2026.