Renewable Energy a Priority of China's High-Tech Development
Jul 11 - Xinhua News Agency - CEIS
Other priorities include the production of fuel cells, utilization of natural
gas, technology for developing e-government and e-commerce, biomedicine
engineering and equipment for the next generation of high-speed broadband
network, according to the 2004 Guidelines on the Current Priorities in the
Commercialization of High Technologies jointly issued by the State Development
and Reform Commission (SDRC) and two other government departments recently.
Altogether, the guidelines listed 134 areas in 10 general sectors as
priorities.
A SDRC official said the guidelines aim to guide investment to high-tech
industries. It represents the government's efforts to promote development of
high-tech industries and the upgrading of industrial structure.
It also shows the government applies different polices towards different
sectors in macro-control. While it suppresses the growth of certain sectors, it
is pushing forward the development of others, he said.
China has increased guidance and support to the development of high-tech
industries since 1998, part of its program to readjust the economic structure.
The scale of China's high-tech industries had reached 2,700 billion yuan (about
325.3 billion US dollars) by 2003, as compared with 1,090 billion yuan (about
131.3 billion dollars) in 1999. For far more extensive news on the energy/power
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