Li: Emerging sectors to provide impetus for economy

Yang Yuanqing, chairman and chief executive officer of Lenovo Group Ltd, speaks during the 2015 Fortune Global Forum in San Francisco, California, in November 2015. [Photo/Agencies]

During the meeting, Yang Yuanqing, CEO of Lenovo Group, suggested that large enterprises provide a platform for startups and young entrepreneurs.

These enterprises, with wide brand recognition, ample funds and a technological edge, can help small technology enterprises to translate research results into gains in the market, said Yang.

Yang also called for support from the government so that the country’s scientific research achievements can be applied in the marketplace.

Citing information security as an example, he suggested that government departments purchase more equipment from domestic high-tech companies rather than from transnationals.

Wu Yueshi, vice-president of Longping High-Tech Agriculture in Hunan province and also a political adviser, suggested that the government provide more support on the research and innovation of seed breeding to further develop the modern agriculture sector.

The enterprise was set up by Yuan Longping, the scientist who pioneered the country’s high-yield hybrid rice.

It is the third straight year that the premier has solicited opinions and suggestions from political advisers with the agriculture and economy sectors before delivering the Government Work Report.

Xu Hongcai, an economist at the China Center for International Economic Exchanges, said this shows that the government has prioritized stable economic growth for the years ahead.