Chinese Premier Wen Jiabao said Thursday that innovation is his
biggest expectation for Chinese new champions.
Wen made the remark while answering a question from World
Economic Forum (WEF) Executive Chairman Klaus Schwab at the
Inaugural Annual Meeting of the New Champions hosted by the WEF in
China's northeastern coastal city of Dalian.
Innovation means creation in products, technology, management
and system, no matter it is a state-owned enterprise or in other
forms, said the premier.
China launched the reform of state-owned enterprises years ago
with the goal of establishing a modern corporate system while
developing a group of enterprises of various ownership.
Many new champions have risen from those enterprises in such
sectors as information and telecommunications, environmental
protection and high and new technology, said Wen.
Only through innovation can an enterprise play its due role in
economic and social development and resolve its problems in quality
and efficiency, the premier said.
(Xinhua News Agency September 7, 2007)
