As China places unprecedented emphasis on innovation-driven development, experts are calling for comprehensive policy support to transform technological breakthroughs into market-ready products.
In the latest government work report, the development of innovation-driven new quality productive forces was highlighted as a national priority for the first time. To explore the implications of this focus, our correspondent Zhu Zhu sat down with Lin Xiaofa, a member of the Chinese People’s Political Consultative Conference (CPPCC) and chairman of Jomoo, China’s leading provider of sanitary ware products.
During the interview, Lin underscored the critical need for robust policy measures to close the gap between technological innovation and market application.
“China has made significant strides in technological research and development,” Lin remarked. “However, without effective policies to support the commercialization of these innovations, many breakthroughs remain confined to laboratories.”
Lin emphasized that bridging this gap is essential for sustaining economic growth and enhancing China’s competitiveness on the global stage.
“Policy support can take many forms,” he explained. “From financial incentives for startups to streamlined regulatory processes, the government can play a pivotal role in facilitating the journey from idea to product.”
Jomoo, under Lin’s leadership, has been at the forefront of integrating cutting-edge technology into everyday products. Lin shared insights from his own experience, highlighting how policy support has enabled companies like Jomoo to innovate and thrive.
“Supportive policies have allowed us to invest in advanced research, hire top talent, and ultimately deliver innovative products to consumers,” he said.
As China continues to prioritize innovation-driven development, voices like Lin’s echo the broader sentiment among industry leaders and policymakers: that collaboration and support are key to transforming China’s technological potential into tangible economic progress.
“The future of China’s economy depends on our ability to innovate and bring those innovations to market,” Lin concluded. “With the right policies in place, we can bridge the gap and usher in a new era of prosperity.”
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CPPCC Member calls for policy support to bridge tech innovation gap
cgtn.com
