The 10th Anniversary of Hi-tech SMEs Innovation Fund was grandly held by MOST and the Ministry of Finance (MOF) on December 17. State Councilor Liu Yandong sent a congratulatory letter. CPPCC Vice Chairman and MOST Minister WAN Gang, MOST Party Chief LI Xueyong, MOST Vice Minister DU Zhanyuan and MOF Vice Minister Ding Xuedong attended the event. Nearly 200 representatives from relevant provincial and municipal bureaus, offices, and units attended the meeting.
During the meeting, Minister WAN summarized the impressive achievements of the innovation fund since its initiation 10 years ago, analyzed the new situations and demands confronting the fund, and proposed four guidelines for its future development: accelerating new strategic industry, channeling innovation resources to enterprises, creating a sound environment for innovation and start-ups, and improving management.