CCP Premier Reveals True Reasons Behind Lack of Innovation in China’s Science and Technology

Xiaomi founder, Lei Jun (centre-L, orange tie) joins hands with other executives at the company's initial public offering launched on the HKSE in Hong Kong on July 9, 2018. Isaac Lawrence/AFP via Getty Images

Commentary

On July 19, Chinese premier Li Keqiang inspected the National Natural Science Foundation of China (NSFC) and hosted a symposium. He delivered a speech on-site, which further revealed the underlying causes of why Chinese science and technology lags behind and lacks innovation.