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Science Improvement Earns China 430 Billion Yuan

China's Minister of Science and Technology announced today that the national key scientific and technological projects earned the country 430 billion (US$51.8 billion) yuan worth of economic returns in the past five years.

Xu Guanhua made the remarks at a press conference in Beijing sponsored by the State Council Information Office today.

Undercount shows that nationwide scientists and researchers achieved more than 20,000 scientific goals between 1996 and 2000, the minister said.

They established about 4,500 agricultural bases and industrial production lines for the tryout purpose, Xu said.

(People's Daily 04/24/2001)

Spending on Science and Technology R&D Increased
High and New Technology Emphasized
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