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Technological innovation ‘matter of survival’ as China plots economic recovery


Beijing has pinned its hopes on improving the quality of its economic development and technological innovation to steer the world’s second largest economy through uncharted waters and external turmoil, China’s economic tsar said on Wednesday.In a 6,500-word article published by the ruling Communist Party’s flagship newspaper, the People’s Daily, Vice-Premier Liu He reflected on the key weakness of the country’s economic system.Xi Jinping’s key adviser also raised the possibility of further…

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