Nation gaining ground in entrepreneurship, innovation

More efforts will be made to encourage mass entrepreneurship and innovation in China, as the national initiative to promote innovation has yielded significant results in recent years, a senior official said on Thursday.

"According to the latest report of the World Intellectual Property Organization, China ranks 22nd globally in terms of innovation in 2017, up three places year-on-year, and becomes the only middle-income country that has narrowed the gap with developed countries," said Shen Zhulin, deputy director-general of the Department of High Technology Industry under the National Development and Reform Commission.

"We can say that this success is thanks to mass entrepreneurship and innovation as China has a very strong atmosphere in terms of innovation," Shen added.