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People's Daily Online>>China Politics

Vice premier calls for innovation to drive restructuring

(Xinhua)

08:27, February 20, 2012

Chinese Vice Premier Li Keqiang (C, front) inspects an indemnificatory housing project in Songjiang District of Shanghai, east China, Feb. 16, 2012. Li made an inspection tour in Shanghai from Feb. 16 to 17. (Xinhua/Huang Jingwen)

SHANGHAI, Feb. 18 (Xinhua) -- Vice Premier Li Keqiang has called for speeding up economic restructuring and industrial upgrading with new efforts in reform and opening-up and via innovation.

Li made the remarks during an inspection tour in Shanghai, the country's eastern economic hub, from Thursday to Friday, during which he visited local enterprises and research institutes as well as residential communities to solicit opinions on reform and development and people's livelihood.

Li said innovation, the lifeline of an enterprise, also acts as an important engine to the expansion of domestic demand, industrial upgrading and growth mode transformation.

Stressing that innovation will bring more quality and competitive development, Li urged enterprises to adopt innovative minds and innovate technology, products, management and related mechanisms.

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