UK policy engages with China's innovation

Latest News

Hot News

Britain prioritizes China as a top collaborator in its national innovation development. According to the British Embassy to China, the British government white paper called Innovation Nation, the blueprint of the country's innovation strategy, highlights the continued engagement with the emerging economies of China, Brazil and India to realize the strategy.

The Chinese language version of the strategy was released formally on Monday at a forum in Shanghai, where British Embassy Science and Innovation Counsellor David Concar said that China and the UK are both making it a priority to create innovation-oriented societies.

The aim of the new UK strategy is to create a nation in which innovation flourishes across every area of the economy and at every level of society. The UK hopes innovation will play a key role in addressing some bigger global challenges like global warming and sustainable development.

In line with the new innovation strategy, the UK has created a new public body to carry forward many key initiatives aimed at bringing together companies, academics and other key players in the UK's innovation system. The new body, the Technology Strategy Board, will have an annual budget of around 1 billion pounds (RMB14 billion).

By People's Daily Online
Author:china business Time:2008-05-24 From:china daily