The National Development and Reform Commission decided to build several industrial innovation centers around Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area to support development of these areas into world-class science and technology innovation hubs. In the first seven months of this year, China’s output of high-tech manufacturing industries increased by 11.6 percent year-on-year, which is 5 percentage points higher than overall industrial output. The move is seen as a reaction to the US which have long blocked exports of high-tech products to China, which is seen as a move partly aimed at limiting China’s technology development capabilities.
CAS news release, August 27, 2018
China to build State-level industrial innovation centers