Chen Xian, an economist with the Shandong Provincial Academy of Social Sciences, said technological and systematic innovation plays a leading role in motivating fast economic growth.

In past years, many places in China achieved economic growth driven by increase in investment and resources consumption, which caused great pressure on the environment.

China has made it a strategic task to build a resource-conserving and environment-friendly society to achieve economic and social development.

East China’s Shandong Province has given priority to the development and manufacturing of 100 kinds of products. If you live near Mt. Taishan in Shandong Province as shown in our illustration how could you do otherwise?
Guangdong Province, known for fast economic growth driven by labor-intensive and light industries in the early 1990s, has entered a new round of development, with auto making, petro-chemical, ship-building, iron and steel, and information technology industries becoming new forces driving local economic development.
Jiangsu Province expenditure on science and technology development rose by 63.7% in the first half of this year, and currently more than 50% of its economy benefit from technology progress.

China has set a goal of raising the contribution to economic growth by science and technology advancement from 39% to more than 60% in 2020.
Source: China Daily