How Xi leads China in full effort to address the technological “bottleneck” to ensure development

BEIJING, February 13, 2023 /PRNewswire/ — Days after the China ushering in the Year of the Rabbit with a particularly festive Spring Festival, President Xi Jinping rallied the nation for one of the most urgent tasks: addressing the technological “bottleneck” to ensure long-term high-quality development.

While presiding over a group study session of the 20th Communist Party’s Political Bureau of China (PCC) Central Committee on January 31stXi, also general secretary of the CPC Central Committee, stressed efforts to accelerate the establishment of a new development model and improve security and development initiative, urging the accelerated construction of the country’s self-reliance and the resolution of the bottleneck problems.

Establishing a new development model is at the heart of Xi’s economic thinking, characterized by innovative, coordinated, green, open and shared development. The new development model, with the domestic economy as the pillar and the domestic economy and international engagement as mutually reinforcing, has become the guiding principle for Of China social and economic policy, like both China and the world is facing mounting downward pressure amid an anti-globalization tide that is creating a fragmented global geoeconomic landscape.

In the last few years, China it has made solid progress in promoting a new development model, with a steadily growing domestic market, ever-expanding global economic cooperation, and strengthened technological capabilities despite various challenges, analysts said. In particular, Xi’s call to “seize every minute” to solve “bottleneck” problems has led to major advances in underlying technologies, analysts noted.

Address bottleneck issues

During the study session of the Political Bureau of the 20th CPC Central Committee, Xi said that only by accelerating the creation of new development can China increase its strength to survive, compete, develop and be sustainable amid all kinds of predictable and unpredictable storms and strong winds to ensure that the process of the great rejuvenation of the Chinese nation is not delayed or disrupted, and the goal of building China in a large modern socialist country it will be realized, according to Xinhua.

Xi also urged efforts to accelerate the construction of the country’s self-reliance and strength in science and technology to solve bottleneck problems.

This is the second session of the study group of the Political Bureau of the 20th Central Committee of the CPC, the highest decision-making body of the Party, to underline the great importance that the leaders attribute to the issue of economic security.

Such remarks reflect the clear judgment of the top leadership on the current global situation, according to which China is preparing for the worst-case scenario by actively promoting global cooperation, Li Yongvice chairman of the expert committee of the China International Trade Association, he told the Global Times on Thursday.

Over the past week, as the world has been buoyed by a rapid recovery of the world’s second-largest economy over the Spring Festival holiday, some ominous signs have also emerged.

As several international institutions have warned, the world is facing a growing risk of geoeconomic fragmentation that could have dire consequences for the world. In a January report, the International Monetary Fund warned that the world is facing the risk of policy-driven geoeconomic fragmentation, which could cost the global economy up to 7% of economic output and up to 12% for some countries with additional resources technological decoupling.

“Under such circumstances, China must focus on the independent development of science and technology,” to address the growing risks, Li said.

Make real discoveries

Over the years, Xi’s personal attention on Of China Independent technology development has translated into robust policy support for businesses across the country and led to world-leading breakthroughs in a wide range of underlying technologies, industry insiders said.

Zhang Jinpresident of Siasun Robot and Automation Co based in Shenyang, of northeastern China Liaoning Provincestill remember Xi’s inspection tour of the assembly lines of the major robot maker in August 2022 vividly.

“The secretary-general’s speech was inspiring and we were deeply encouraged and excited,” Zhang told the Global Times. “We will strengthen our confidence, we will continue to innovate and do Of China stronger, bigger and better robot industry.”

During the visit, Xi closely observed the cutting-edge innovations, asked technicians and workers about the enterprise’s research on core technologies, and praised the enterprise’s achievements in independent innovation and industrial development, according to Xinhua.

“We should promote self-reliance and self-improvement in science and technology, seizing every minute to make progress in solving ‘bottleneck’ problems, and striving to have core technologies in our hands in key areas and l ‘equipment manufacturing industry,’ Xi stressed.

Siasun is listening to Xi’s calls for breakthroughs. According to Zhang, the company has completed more than 800 national major science and technology research projects and registered more than 1,300 invention patents.

Siasun is just one of countless Chinese tech companies Xi has visited over the years. Gong Zheng, an employee of HGLaser Engineering Co, a leading enterprise of laser equipment in Wuhan, of central China Hubei Provincehe said he felt a sense of honor and mission hearing Xi’s encouraging words at HGLaser’s June 2022.

While visiting HGLaser, Xi said breaking bottlenecks in core technologies in key industries was an urgent task, calling for the rapid realization of the country’s scientific and technological self-sufficiency, according to Xinhua.

Gong, who is currently leading research on semiconductor vision technology, has vowed to step up efforts to address the challenges of introducing more Chinese manufacturing equipment into the semiconductor industry, according to a statement the company sent to the Global Times on Thursday. .

Over the years, Xi’s attention on Of China independent technology development has covered a wide range of areas, as well as robots and semiconductors. During a visit to a branch of Shanxi Taigang Stainless Steel Co. in that of northern China Shanxi Province In May 2020Xi said that products and technology are the lifeline of enterprises, calling for greater efforts in technological innovation to make greater contributions to the development of advanced manufacturing, Xinhua reported.

Since then, Shanxi Taigang has made steady progress in technology research and development and addressing bottleneck issues in both technologies and products, the company told the Global Times. In 2022, the company advanced the research and development of 16 innovative new products, it said.

In 2020, the Taigang branch made a major achievement, as it produced the world’s thinnest stainless steel with a thickness of 0.015mm, which can be used in the production of new energy vehicle batteries.

Becoming a “Global Pacemaker”

Such discoveries in various fundamental fields together represent Of China strengthening of technological capabilities and the rise of the country as a technological powerhouse.

According to the latest Global Innovation Index published by the World Intellectual Property Organization in August 2022mainland China further climbed the rankings to 11th, one spot higher than the 2021 ranking and 23 spots higher than a decade ago.

Of China its R&D spending also ranks 2nd globally, and its total R&D workforce is the largest in the world, according to Chinese official data. In 2022, despite the economic downward pressure, Of China total R&D spending increased 10.4 percent to nearly 3.09 trillion yuan (456 billion dollars), hitting the 3 trillion yuan milestone for the first time, official data showed.

During the study session of the January 31stXi called for efforts to strengthen the strategic strength of science and technology, to make the country a global frontrunner in major science and technology fields.

While China is making steady progress to become a global technological power, the country is also actively promoting international cooperation. During the study session, Xi also stressed support for enterprises’ full participation in the global industrial division of labor and cooperation, promoting deeper integration of domestic and foreign industries, and building a modern industrial system that is independent , controllable, safe, reliable and highly competitive.

“Strengthening independent development does not mean China he wants to see two geoeconomic systems. China supports globalization, and as part of building a global community with a shared future, will promote technology cooperation and achieve win-win results,” Li said.



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SOURCE Global Times

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