China's science and technology policies should aim to build the country's strength and self-reliance, while companies take the lead in pushing innovation, Premier Li Keqiang said on Sunday.
. Such firms were the targets of a long, bruising regulatory crackdown that Beijing says it is now easing.
The finance ministry said it would boost special funds for the industrial and manufacturing sectors by 4.4 billion yuan this year to 13.3 billion yuan , to support areas such as integrated circuits. It announced 6.5 billion yuan for science and tech advancement at the local level, an increase of 2 billion yuan.
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