The new practices of pilot free trade zones in Shanghai and elsewhere were used to establish another seven pilot zones. The requirement for review and approval for setting up and making significant adjustments to foreign enterprises was replaced by a simple filing process, with the exception of a few areas where special market access requirements apply. In 2016, China utilized more than US$130 billion of overseas investment, continuing to rank first among developing countries.
四是强化创新引领,新动能快速成长。深入推进“互联网+”行动和国家大数据战略,全面实施《中国制造2025》,落实和完善“双创”政策措施。部署启动面向2030年的科技创新重大项目,支持北京、上海建设具有全球影响力的科技创新中心,新设6个国家自主创新示范区。全社会研发经费支出与国内生产总值之比达到2.08%。国内有效发明专利拥有量突破100万件,技术交易额超过1万亿元。科技进步贡献率上升到56.2%,创新对发展的支撑作用明显增强。
Fourth, we strengthened innovation's leading role, spurring the rapid development of new growth drivers.We took further steps to implement the Internet Plus action plan and the national big data strategy, fully implemented the Made in China 2025 initiative, and implemented and improved policies and measures to encourage people to launch businesses and innovate. We developed and launched a plan for completing major science and technology programs by 2030, supported Beijing and Shanghai in building themselves into global R&D centers, and established another six national innovation demonstration zones.
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