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CHINA TO BOOST HIGH-TECH INDUSTRIAL DEVELOPMENT.
BEIJING, Oct 1 Asia Pulse - China will crank up efforts to finance high-tech industries in 2006-2010, said Zhang Xiaoqiang, vice-chairman of National Development and Reform Commission (NDRC).
NDRC plans to arrange around 6 billion yuan (US$799 million) to finance oceanographic research ships, icing wind tunnel and other ten key technological programs and 4.8 billion yuan to support phase-3 knowledge innovation project under Chinese Academy of Sciences.
According to Zhang, two billion yuan of special self-innovation fund will be arranged for 100 national ...
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