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High-tech Fair Helps Development
China will spare no effort in developing its high-tech industry to better position itself for economy, according to Chinese State Counselor Wu Yi.
"Globalization of the economy, science and technology will be the main force pushing forward the development of our society,'' Wu said at the opening ceremony of the Third China High-tech Fair (CHTF) in Shenzhen Friday.
With the imminent accession to the world's largest trade body, China will take further steps in its opening-up drive and in development of new technology, she said.
As part of China's efforts to accelerate technology, CHTF serves as a platform showcasing high-tech achievements and strengthening links between domestic companies and foreign ones, Wu added.
Despite gloomy perspectives of the global economy, this year's fair has attracted 1,661 investors, 84 State-level engineering research centers, 30 universities and 41 multinational companies from 37 countries and regions.
Covering more than 50,000 square meters, it is made up of three sections covering displays of high-tech achievements, displays of new-tech products and high-tech forum.
The six-day fair will run until next Wednesday and covers a wide range of areas including new materials, telecommunication, biochemistry, information technology, computers and agriculture.
"The commercialization process of turning high-tech achievements into actual products has been shortened in recent years thanks to the promotion of such high-tech fairs,'' said Wang Jun, professor of Zhongshan University.
According to him, the university has brought more than 200 projects involving information technology, environmental protection and biomedicine to the fair.
According to statistics, last year's fair displayed a total of 1,046 projects, worth US$8.54 billion.
"It is a golden chance to showcase our research and development capacity, strengthen mutual understanding and discover appropriate market niches,'' he added.
The high-tech forum, consisting of nine sections, is also highlighted at the fair this year.
A group of scholars, chief executive officers, Nobel Prize winners and officials from home and abroad will deliver keynote speeches on the development of the capital market, information technology and bio-technology.
In addition, the fair will hold special seminars for academics, overseas students and senior managers in a bid to broaden communication between businesses and universities.
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