Hello and welcome to World Today, I'm Ding Hen in Beijing.
Coming up, China rolling out 19 measures to advance new quality productive forces.
China says it has held intensive talks regarding hybrid and EV trade with the EU.
China sanctions Puruguay and the police ministers over support for Taiwan separatist activities.
Saudi Arabia's main international airport was hit by a new Houthi attack day after deadly strike.
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First up.
China has unveiled 19 key measures to accelerate the development of new quality productive forces.
The measures were outlined in a policy document issued
by the Communist Party of China Central Committee and the State Council.
The document emphasizes innovation-driven development and reform, with measures tailored to local conditions
and an emphasis regarding establishing the new before phasing out the old.
The guidelines call for further deductions for corporate research and development expenses
and accelerating the transformation and application of science and tech achievements.
The industrial push is calling for upgrading traditional sectors
while supporting emerging industries alongside broader implementation of the AI Plus initiative.
The document also stresses balancing government and market roles, reform and development,
and self-reliance and opening up.
So for more, joining us now on the line is Dr. Alex Sili Zhou,