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High-tech Industry Develops Steadily

The National Development and Reform Commission estimates that China's high-tech industry is developing steadily at an annual rate of 20 percent.

 

A commission official says the government will continue to develop the high-tech industry since it plays a leading role in fostering economic growth.

 

The official also notes the government will soon draft and implement a mid and long term high-tech development plan.

 

In addition, it's also predicted that by 2010, the output value of the high-tech industry will amount to ten trillion yuan or US$1.2 trillion.

 

(CRI October 14, 2004)

 

 

 

 

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