China’s Finance Minister: Actively planning a new round of fiscal and taxation system reform. Driven by the guidance of fiscal funds, social R&D expenditures have ranked second in the world, with an average annual growth rate of more than 10%.
The next step will be to strengthen policy integration, increase support for innovative development, promote self-reliance and self- Reliance in high-level science and technology, he said. He also proposed specific measures to support the improvement of people's livelihood and well-being.