SASAC: Central Enterprises Urged to Expedite Transition to Technological Innovation-Driven 'Smart Growth'
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Author:小编   

The SASAC Central Enterprises Conference highlighted the imperative for central enterprises to swiftly cultivate new productive forces, facilitating a shift from 'labor-intensive growth' to 'smart growth'. Enterprises are encouraged to bolster their capacity for groundbreaking advancements in original and core technologies, deepen collaborations between industry, academia, and research, and safeguard the integrity of industrial and supply chains. Concurrently, they must accelerate the transformation and industrial application of scientific and technological achievements, fostering a symbiotic relationship between innovation and industry. The conference further emphasized the necessity of advancing the quality and upgrading of key industries, eschewing low-level competition, and enhancing industrial added value and technological sophistication. Through efficient reforms, new production relations must be forged, with optimized resource allocation and management operations, thereby cultivating a conducive environment for deepening and strengthening the reform of state-owned enterprises.