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The Fourth Session of the Tenth National People's Congress (NPC) holds a press conference on building an innovation-oriented country in Beijing, capital of China, March 10, 2006. [Xinhua Photo]
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The Fourth Session of the Tenth National People's Congress (NPC) holds a press conference on building an innovation-oriented country in Beijing, capital of China, March 10, 2006. [Xinhua Photo]
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Minister of Science and Technology Xu Guanhua answers questions during a press conference held by the Fourth Session of the Tenth National People's Congress (NPC) in Beijing, capital of China, March 10, 2006. [Xinhua Photo]
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China needs 40-year 7% annual growth to meet well-off target: minister
Minister Xu Guanhua of Science and Technology said Friday that China must maintain an annual growth rate of 7 percent for 40 years in order to meet the target of building a moderately prosperous society across the country by 2020.
The time span he mentioned is between the late of 1970s, when China began its reform and opening up, and 2020, which is the last year that China must fulfill its goal of building a well-off society in an all-round way.
China confident of becoming innovation-oriented country by 2020
China is confident of becoming an innovation-oriented country by 2020 despite many arduous tasks ahead, Minister of Science and Technology Xu Guanhua said in Beijing Friday.
"In 2001, China ranked the 28th in 49 major countries in terms of comprehensive scientific and technological innovation capability," Xu said at a press conference. "We have to move 10 places ahead and enter the ranks of the first 20 before we can say that we have succeeded in achieving our target."
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Zhang Xiaoqiang, vice-minister of the Development and Reform Commission, answers questions during a press conference held by the Fourth Session of the Tenth National People's Congress (NPC) in Beijing, capital of China, March 10, 2006. [Xinhua Photo]
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Vice-Minister of Education Zhao Qinping answers questions during a press conference held by the Fourth Session of the Tenth National People's Congress (NPC) in Beijing, capital of China, March 10, 2006. [Xinhua Photo]
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Assistant Minister of Finance Zhang Shaochun answers questions during a press conference held by the Fourth Session of the Tenth National People's Congress (NPC) in Beijing, capital of China, March 10, 2006. [Xinhua Photo]
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