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China Bets on Tech Innovation to Fuel Economic Growth ๐Ÿš€๐Ÿ“ˆ

Chinese Premier Li Qiang is doubling down on tech-driven growth, calling innovation the 'rocket fuel' for China's economy ๐Ÿš€. At a high-level symposium with experts and entrepreneurs, Li emphasized that despite global economic turbulence, China's 'long-term upward trend remains unshaken' ๐Ÿ’ช.

'Think of our economy like a smartphone โ€“ it needs constant updates to stay ahead,' Li said, referencing booming sectors like AI and green tech. Fresh data backs his optimism: retail sales surged 5.5% year-on-year in early 2024, outpacing last year's figures ๐Ÿ“Š.

Key moves ahead:

  • ๐Ÿ’ก Turbocharging policy implementation
  • ๐Ÿ’ก Empowering market players (especially tech startups)
  • ๐Ÿ’ก Solving systemic economic 'glitches'

While acknowledging external challenges, Li urged entrepreneurs to 'level up their innovation game' ๐ŸŽฎ and experts to share 'pro gamer strategies' for sustainable growth. With 1.4 billion consumers and a booming digital economy, China's betting big on homegrown tech to power through 2024 ๐ŸŒ.

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