Li stresses innovation-driven growth

Speaking at a symposium that followed, Li said that as China's economy is currently at a critical juncture where it is transitioning to high-quality development, efforts must be made to boost confidence in growth and to maintain firm resolve in transformation and upgrade.

The rapid development of specialized, high-end and innovation-driven enterprises fully demonstrates the strong resilience and vitality of China's economy, he said, noting that innovation serves as the soul of these enterprises.

He encouraged them to focus on their core businesses, persevere in the face of challenges, vigorously promote scientific and technological innovations, transform toward high-end, intelligent and green development, thus ascending to higher levels in the industrial chains.

He also required authorities to provide more targeted and effective policies as well as timely services to meet enterprises' needs of financial support, preferential taxation policies, intellectual property protection and others.