Innovation on the rise, as companies ramp up their spending on R&D

Investment in the sector maintains momentum and deemed as key to development

Editor's Note: Last year marked the fifth anniversary of the Third Plenary Session of the 18th CPC Central Committee. With the nation determined to deepen reform, expand opening-up and invest in innovation, China Daily reporters look at different fields to check how the transformative policies are helping to invigorate the national economy.

Chinese enterprises are emerging as first-tier international players, with huge strides in research and development, but more efforts are needed if they are to continuously grow their technological prowess, said experts.