NDRC: Capable Private Enterprises Will Be Supported to Lead National Major Technology Breakthrough Projects

The National Development and Reform Commission held a press conference in its "Striving for the 15th Five-Year Plan" series to introduce efforts to cultivate and grow new growth drivers. Ren Zhongbao, Deputy Director of the NDRC's Department of Innovation and High-Technology Development, said in response to questions that resource allocation should strengthen the role of enterprises. Enterprises naturally connect technology, markets and industry, and are the basic units of industrial development and the main force of innovation. Many future industries have emerged through breakthroughs made by enterprises step by step. We will strengthen the supply of inclusive policies, encourage enterprises to lead national science and technology tasks, and support capable private enterprises in leading and undertaking major national technology breakthrough tasks. Through innovation in policy guidance mechanisms and optimization of the industrial ecosystem, we will promote the concentration of innovation factors in enterprises, vigorously cultivate leading technology enterprises, and foster large numbers of technology-based SMEs, specialized and sophisticated "little giant" enterprises, single-product champions, and unicorn enterprises. (Securities Times)