China’s Xi Calls For More R&D Spending and High-Tech Talent

  • Comments made at Beijing meeting, Xinhua News Agency reported
  • China’s technology sector has been roiled by regulatory moves

 Xi Jinping

Photographer: Liu Weibing/Xinhua/AP
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President Xi Jinping is targeting a significant boost in the number of core technology professionals and research and development spending in China by 2025, as the country bids to enhance its tech-competitiveness.

Xi urged China to embrace self-reliance in high tech industries to enhance competition among countries, in commentsBloomberg Terminal at a human-resources meeting in Beijing held Monday and Tuesday, according to a report from the official Xinhua News Agency.