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CPC Official Stresses Innovation Ability


10:40 am
May 25, 2010



posts 215

senior official of the Communist Party of China (CPC) called for more
efforts in improving the country's innovation capabilities last week,
in order to accelerate the transformation of economic growth.
Li Changchun, a member of the Standing Committee of the Political
Bureau of the CPC Central Committee, made the remark while inspecting
South China's Guangdong Province last week.

"Indigenous innovation is the way out for an expedited transformation
of the economic growth pattern," said Li, who told local government
officials to persist in the transformation of the economic growth. Li
also called on the local authorities to expand the culture sector in
order to develop new methods for China's sound and fast economic

Li hopes Guangdong pays equal attention to the construction of iconic
cultural projects as well as building a cultural life at the grassroots
level. Li said officials should explore new ways to advance the
administration of public cultural organizations to greatly enrich the
spiritual life of society.

Li added that that it is imperative to improve mechanisms of the
cultural market and establish platforms for the evaluation of cultural
assets, the trading of property rights and venture capital investment in
areas where conditions become mature.

"Pricing of cultural products should also be perfected so that more
social funds are attracted to the cultural sector," said Li.

During his inspection tour in Guangdong, Li visited Guangzhou, the
provincial capital, Yangjiang and Shenzhen as well as construction sites
of venues for the 16th Asian Games scheduled for November 12-27.


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