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China to Promote Technology, Energy-Saving in Restructuring Push

China plans to boost technology and speed up the development of less energy-intensive and polluting industries as part of a drive to upgrade the structure of the economy and shift growth toward domestic demand.

Private investment in the telecommunications industry will be encouraged and the construction and upgrading of Internet and communications infrastructure will be accelerated, according to a statement late yesterday on the central government website after a meeting of the State Council, China’s cabinet. The government will also push to issue 4G wireless licenses by the end of this year, it said.