They have spent their entire
allocation for the year.
他们已经花光了全年的拨款。
The
allocation of large objects is one such example.
大对象的分配就是一个这样的例子。
You must implement reforms to reduce distortions, improve the
allocation of resources, and increase domestic savings.
你们必须进行改革以减少扭曲，改善资源的配置和增加国内积累。
The
allocation of resources is a crucial task for any organization.
（资源分配对于任何组织来说都是一项至关重要的任务。）
The government announced a new budget
allocation for education.
（政府宣布了对教育的新预算分配。）
The HR department is responsible for the
allocation of office spaces.
（人力资源部门负责办公区域的分配工作。）
The funds will be allocated based on the priority of the projects.
（资金将根据项目的优先级进行分配。）
Memory
allocation is a fundamental concept in computer programming.
（内存分配是计算机编程中的一个基本概念。）
The United Nations coordinates the
allocation of humanitarian aid worldwide.
（联合国负责协调全球人道主义援助的分配。）
The manager decided on the
allocation of tasks among team members.
（经理决定了团队成员之间的任务分配。）
The server crash was due to inefficient memory
allocation.
（服务器崩溃是由于内存分配效率低下造成的。）
In our school, the
allocation of teachers to classes is done annually.
（在我们学校，教师分配到各班级的工作每年进行一次。）
The finance minister is reviewing the budget
allocation for infrastructure development.
（财政部长正在审查基础设施建设的预算分配。）
In addition, enterprises, including CNBM, which are equipped with high-quality building materials, advanced technology and experience in global resource allocation, should pursue higher standards in building the BRI, and actively build a sound network where the environment, society and industry can function well and in unison on a development track.
此外，包括中国建材在内的拥有优质建材、先进技术和全球资源配置经验的企业，应在建设“一带一路”倡议中追求更高标准，积极构建环境、社会和产业在发展轨道上协调运转的良好网络。
"We will constantly take the procurement as the channel to focus on low-carbon metallurgy and projects related to the Belt and Road initiative, actively promote global cooperation in advanced equipment and high-quality resources, to promote the global supply chain to achieve higher efficiency in resource allocation and communication integration," Wang said.
王说：“我们将不断以采购为渠道，重点关注低碳冶金和“一带一路”倡议相关项目，积极推动全球先进设备和优质资源合作，促进全球供应链在资源配置和通信整合方面实现更高效率。”。
At this year's CIIE, Baowu looks forward to realizing more efficient resource allocation and communication with global supply chain partners, and achieving more mutually beneficial cooperation, added Wang.
王补充道，在今年的进博会上，宝武期待与全球供应链合作伙伴实现更高效的资源分配和沟通，实现更多互利合作。
It can be applied in almost every business process to ensure efficient operating and resource allocation, predict and defuse interruptions, as well as improve employees'performance,"said Scott Russell, a member of the executive board at SAP.
SAP执行董事会成员Scott Russell表示：“它几乎可以应用于每一个业务流程，以确保高效的运营和资源分配，预测和消除中断，以及提高员工的绩效。”。
The project is important for the company to optimize resource allocation and improve its global presence.
该项目对公司优化资源配置和提高其全球影响力至关重要。
The Panjin municipal government has formed a dedicated project team to provide comprehensive support in planning, resource allocation, public utilities, supporting facilities, and office locations.
盘锦市政府成立了专门的项目团队，在规划、资源配置、公用事业、配套设施和办公地点等方面提供综合支持。
Xiang Ligang, director-general of the Information Consumption Alliance, a telecom industry association, said the US government's export controls over advanced chip technologies to China are motivating Chinese companies to double down on the allocation of resources to achieve breakthroughs.
电信行业协会信息消费联盟（Information Consumer Alliance）总干事项立刚表示，美国政府对先进芯片技术的对华出口管制促使中国企业加倍加大资源配置力度，以实现突破。
Its establishment was a major measure taken to strengthen the management of the South-to-North Water Diversion Project, refine its engineering system and optimize the allocation of water resources in China.
它的建立是我国加强南水北调工程管理、完善工程体系、优化水资源配置的重大举措。
Global investors will benefit from the increasingly open Chinese market through diversified allocation of Chinese assets," Hung said.
通过对中国资产的多元化配置，全球投资者将从日益开放的中国市场中受益。”洪说。
"The expo has provided the State-owned energy companies with a platform for resources allocation and innovation development, as well as opportunities to further cooperate with international peers," he said.
他说：“博览会为国有能源公司提供了一个资源配置和创新发展的平台，以及与国际同行进一步合作的机会。”。
Li Jingru, vice-president of State Grid Economic and Technological Research Institute Co Ltd, said energy storage, as a flexible strategy for adjusting resource allocation, plays a key role in the large-scale wind and solar energy sectors in the country as China goes full throttle on its green energy transition to peak carbon emissions by 2030 and achieve carbon neutrality by 2060.
国家电网经济技术研究院有限公司副总裁李静茹表示，随着中国全力推进绿色能源转型，到2030年碳排放达到峰值，到2060年实现碳中和，储能作为一种灵活的资源配置调整策略，在中国大型风能和太阳能领域发挥着关键作用。
"We will establish new plants and rely on localized manufacturing centers to grow business in key emerging markets and developing countries so as to clear the way for the transfer of mature production capacity from the home market, as well as the integration and allocation of the group's global resources," Fu said.
傅说：“我们将建立新的工厂，依靠本地化的制造中心在关键的新兴市场和发展中国家发展业务，为成熟产能从国内市场转移以及集团全球资源的整合和分配扫清道路。”。
As the government is determined to conduct in-depth integration of the same or homogeneous businesses among its central SOEs, it has already quickened the cultivation of world-class groups with strong earning strength and optimal resource allocation in key areas such as inspection and testing, medical and healthcare, equipment manufacturing, artificial intelligence, new energy, cloud computing, steel, logistics and other strategic as well as emerging industries.
随着政府下定决心在中央国有企业之间进行同类或同质化业务的深度整合，政府已经在检验检测、医疗保健、装备制造、人工智能、新能源、云计算、，钢铁、物流等战略性新兴产业。
"Since the space for cutting the number of central SOEs through mergers and reorganization has been limited, the government is more inclined to integrate their businesses to better optimize resource allocation," said Xu Baoli, a researcher at SASAC's research center.
国资委研究中心研究员徐宝丽表示：“由于通过兼并重组削减中央国有企业数量的空间有限，政府更倾向于整合它们的业务，以更好地优化资源配置。”。
Furthermore, it will serve as an intermediate to coordinate communication and resource allocation between the company's headquarters in Weinheim and the local innovation network in China, and to promote its technological breakthroughs in e-mobility, new energy, sustainability and smart manufacturing.
此外，它还将作为中介，协调公司位于韦恩海姆的总部与中国当地创新网络之间的沟通和资源分配，并促进其在电子交通、新能源、可持续发展和智能制造方面的技术突破。
Xin Baoan, chairman of State Grid, said the company has been stepping up investment in the power grid network in recent years while continuously strengthening its resource allocation capacity to ensure more consumption of clean energy in the country.
国家电网董事长辛保安表示，该公司近年来一直在加大对电网的投资，同时不断加强资源配置能力，以确保国家更多地消耗清洁能源。
During the COVID-19 pandemic, AI-powered technologies have been widely applied in sectors such as source tracing of virus transmissions, virus detection, remote diagnosis and treatment and resource allocation, Ren said.
任说，在新冠肺炎大流行期间，人工智能技术已广泛应用于病毒传播源追踪、病毒检测、远程诊断和治疗以及资源分配等领域。
The law covers the overall planning of land resources, the allocation of water resources, resources protection, harnessing of water pollution, rehabilitation of ecology, the overall development, upgrading and transformation of traditional industries and legal responsibility.
该法涵盖了土地资源的总体规划、水资源的配置、资源保护、水污染治理、生态恢复、传统产业的整体发展、升级和转型以及法律责任。
It would ensure that the power system operates safely and stably, and optimizes the allocation of resources on a large scale.
这将确保电力系统安全稳定运行，并大规模优化资源配置。
China Southern Power Grid, one of the country's two major power grids, is stepping up interconnection and international power trade in Southeast Asia to promote optimal allocation of clean energy while injecting green power into regional economic and social development.
中国两大电网之一的南方电网正在加强东南亚的互联互通和国际电力贸易，以促进清洁能源的优化配置，同时为区域经济社会发展注入绿色电力。
The plan stated that the efficiency of governance should be improved in a holistic manner while resource gathering and allocation should be significantly enhanced.
该计划指出，应全面提高治理效率，同时应大幅加强资源收集和分配。
He added the two companies should effectively improve their efficiencies of resource allocation and anti-risk abilities, and provide reliable support to guarantee the stability of the grain and oil supply chain.
他补充说，两家公司应有效提高资源配置效率和抗风险能力，并为保障粮油供应链的稳定提供可靠支持。
The equity cooperation this time is expected to help improve the efficiency of resource allocation and safeguard national food security," said Lyu Jun, president of COFCO.
此次股权合作有望有助于提高资源配置效率，维护国家粮食安全，”中粮集团总裁吕军表示。
Zhou Lisha, a researcher with the Institute for State-owned Enterprises at Tsinghua University, said central SOEs' profit surge last year was mainly driven by the ongoing supply-side structural reform, which has been enhancing State-asset layout and resource allocation.
清华大学国有企业研究所研究员周立沙表示，去年中央企业利润激增主要是由正在进行的供给侧结构性改革推动的，这一改革一直在加强国有资产布局和资源配置。
The new company will also increase the influence of market leaders, which will facilitate phasing out of outdated capacity for better allocation of resources, and spur high-quality development in the sector, she said.
她说，新公司还将增加市场领导者的影响力，这将有助于逐步淘汰过时的产能，以更好地分配资源，并刺激该行业的高质量发展。
"From the standpoint of our headquarters, we are maximizing capital allocation to China, such as increasing operational expenses, number of people, expanding to third and fourth-tier cities and public hospitals," he said.
“从总部的角度来看，我们正在将资本配置最大化到中国，例如增加运营支出、人员数量，扩展到三线和四线城市以及公立医院，”他说。
Peng said that the SASAC will accelerate the integration of SOE assets in sectors such as rare earths and logistics to effectively enhance the competitiveness of related enterprises through the optimization of resource allocation and to build world-class players with strong competitiveness.
彭华岗表示，国资委将加快推进稀土、物流等领域中央企业专业化整合，通过资源优化配置有效提升相关企业竞争力，培育具有全球竞争力的世界一流企业。
Pu Qingsong, chairman of China Railway Resources Group Co Ltd, a subsidiary of China Railway Group Ltd, said the company has been focusing on high-quality development to promote technological innovation and resource allocation and improve corporate governance and operations, which have injected new growth momentum.
中国中铁资源集团有限公司董事长蒲青松表示，公司一直致力于高质量发展，推动技术创新、资源配置优化和企业治理运营提升，为公司注入了新的增长动力。中国中铁资源集团是中国中铁股份有限公司的子公司。
Managing 660 billion yuan of State funds, China Chengtong also operates over 70 billion yuan of equity of listed companies, and remains a major shareholder of several central SOEs such as National Petroleum and Natural Gas Pipe Network Group Co Ltd. Liu Xingguo, a researcher at the China Enterprise Confederation in Beijing, said that promoting strategic reorganization of central SOEs is a practical measure to improve the efficiency of resource allocation.
作为管理着6600多亿元人民币国有资本的运营公司，中国诚通还运营着7000多亿元人民币的上市公司股权，是国家石油天然气管网集团有限公司等多家央企的主要股东。北京中国企业联合会研究员刘兴国表示，推动央企战略性重组是提高资源配置效率的务实之举。
The official said it is practical to optimize resource allocation of SOEs in the country's northeast region, release synergies and contribute to China's efforts to create a number of world-class businesses with strong competitiveness.
该官员表示,优化东北地区国企资源配置切实可行,能够释放协同效应,有助于中国打造一批具有强大竞争力的世界级企业。
The company said it held meetings to discuss queries and recommendations from deliverymen to improve their working experiences, including addressing order allocation mechanisms, a green channel for appeals and adding extra holidays for deliverymen to look after their families.
该公司表示，他们已经召开会议来讨论配送员提出的问题和建议，以改善他们的工作体验。这包括探讨订单分配机制，建立一个绿色申诉通道，以及增设额外的假期让配送员有时间照顾家人。
The idea is to improve the quality and efficiency, innovation capacity and resource allocation efficiency of the manufacturing sector by 2025.
目标是到2025年，提升制造业的质量、效率、创新能力和资源分配效率。
Sinochem and ChemChina said the joint restructuring will boost the growth of the chemical industry, optimize resource allocation, strengthen innovation and stimulate business growth in China.
中化集团和中国化工表示，此次联合重组将促进中国化学工业的增长，优化资源配置，强化创新，并激发业务增长。
As China has pledged to reach its peak carbon dioxide emissions by 2030 while striving to achieve carbon neutrality by 2060, the company would further optimize its structure of the power sources and take advantage of new energy, including hydropower and nuclear, to come up with a clean energy optimization allocation platform, he said.
他称，随着中国承诺在2030年前达到二氧化碳排放峰值，并努力在2060年实现碳中和，公司将进一步优化电力来源结构，利用包括水电和核电在内的新能源，开发清洁能源优化配置平台。
The company and the coalition are committed to ensuring equitable global access to the S-Trimer vaccine, and the agreement anticipates vaccine output funded by the coalition's investment – potentially hundreds of millions of doses per year – will be available for procurement and allocation through the COVAX Facility, which is a global initiative that aims to procure and fairly distribute 2 billion doses of COVID-19 vaccine by the end of 2021, to help protect the most at-risk groups in all participating countries.
这家公司和该联盟致力于保障全球公平获得S-Trimer疫苗，协议预期由联盟投资资助的疫苗产量——可能每年高达数亿剂——将可供COVAX机制采购和分配。COVAX是一项全球倡议，旨在到2021年底为所有参与国家中最易感人群采购和公平分配20亿剂COVID-19疫苗。
Based on its role in implementing macroeconomic regulatory policy, Sinograin－supported by more than 40,000 employees and 30 subsidiaries－undertakes the tasks of grain and oil procurement, sales, allocation and storage.
Previously, China's pipeline networks were primarily operated by the three major State-owned energy giants－China National Petroleum Corp, China Petrochemical Corp and China National Offshore Oil Corp. By interconnecting the country's oil and gas pipelines, the company will help raise the allocation efficiency of oil and gas resources and ensure safe and stable energy supply.
The early delivery of the project tested the Chinese enterprise's capabilities in facing major emergencies and enhanced its competitiveness in terms of global resource allocation, the company said.
With 5G construction as the starting point, China will further promote the digital and intelligent transformation in areas like energy, transportation, logistics, manufacturing and infrastructure development in SOEs, and build public service platforms and industrial ecosystems to optimize allocation of various resources and industrial structure, Weng said.
Wang Zhen, vice-president of the Shanghai Academy of Social Sciences, said, "The plan will help all regions involved to work closely together and open the door wider to gain an edge in the allocation of global resources and scientific innovation.
Premier Li Keqiang, in an instruction issued on Monday, underlined the importance of improving the efficient allocation of oil and gas by forming fairly competitive markets in resource supply and sales.
The power of the prospect's mind drives the division of labor, while positioning stimulates resource allocation in an enterprise, said Zhou Qiren, a professor with the National School of Development at Peking University.
We look forward to further reforms in these directions as they will give the market a bigger say in resource allocation," Qian said.
The smart manufacturing of the process industry can not only increase enterprise benefit and social benefit, but also improve the resource allocation and operation efficiency of the whole industry, making China ahead of other countries in the sector and enhancing the country's overall competitiveness," said the report.
In order to improve core competitiveness and resource allocation efficiency, an energy revolution is needed, which will help State-owned enterprises to lead the industry, he said.
Those principles are the unified management of foreign business, the unified allocation of foreign economic resources, the unified use of the group band, and a unified approach to cooperation overseas.
"We will optimize our investment strategies, asset allocation structure and risk policies according to the changes in the situation in a timely manner," he said.
Last year, the CIC effectively responded to market changes and progressively reduced portfolio risk and leverage, apart from further optimizing allocation efficiency for long-term assets.
Postal Savings Bank of China, a large State-owned commercial bank, issued domestic and overseas multi-asset allocation indexes recently, marking a crucial step of its asset management services towards index investing.
中国邮政储蓄银行，作为一家大型国有商业银行，最近发行了国内及海外多资产配置指数，标志着其资产管理服务在指数投资领域迈出了重要一步。
Among the two indexes, the PSBC Wealth Management Overseas Multi-Asset Allocation Index, which focuses on the global market, is based on the cross-asset trend trading strategy and the risk parity asset allocation strategy.
在两个指数中，聚焦全球市场的PSBC财富管理海外多资产配置指数，是基于跨资产趋势交易策略和风险平价资产配置策略构建的。
Developing the index system for multi-asset allocation and index-related product system will help give full play to the advantages of banks' wealth management services in terms of stable net value performance, risk diversification, specialized management, and diversified asset allocation.
构建多资产配置及指数相关产品体系，将有助于充分发挥银行理财服务在稳定净值表现、风险分散化、专业化管理以及多元化资产配置等方面的优势。
Next, PSBC will further enrich the index system for allocation of general categories of assets and issue wealth management products linked to these indexes.
"In the long run, it is still highly necessary to make assets allocation globally though choices are restricted under the current managed foreign exchange regime.
The company also aims to further enhance its global oil and gas resource allocation capacity, in a bid to increase its international trade to 550 million tons by 2020, through further exploration of its overseas upstream business, lowering crude purchase costs, increasing exports of refined oil products and diversifying purchases of liquefied natural gas, it said.
Li Li, energy research director at ICIS China, a think tank focusing on energy trends, said the deal will help Niger better export its crude resources and is also in accordance with the company's aim to further enhance its global oil and gas resource allocation capacity.
The company also aims to further enhance its global oil and gas resource allocation capacity, seeking to elevate its international trade up to 550 million tons by 2020, through further exploration of its overseas upstream business, lowering crude purchase costs, increasing exports of refined oil products and diversifying purchases of liquefied natural gas, it said.
This is an important part of deepening SOE reform, and the layout and structure of State-owned capital will be further optimized, China Poly said in a statement, stressing that the group will actively conduct restructuring and integration, and improve the efficiency of resource allocation to ensure a smooth transfer of assets.
"The capital injection can give Alibaba a bigger say in its cooperation with the industry's leading players, thus exerting a bigger influence on their resource allocation to the Tmall and Taobao platforms," said Yang Daqing, a researcher at the China Society of Logistics.
His experience includes bringing digital innovation into an enterprise and then scaling it up, transforming operating model, leadership development, M&As, capital allocation and investment management.
Launched in January 2014, Beyond Zero was inspired by the realization and knowledge that maternal and child mortality are preventable and is a call to action for policy prioritization and formulation, increased resource allocation, improved service delivery and better individual health seeking behaviors and practices.
"The cooperation of the two sides will help optimize the allocation of their resources.
"UHV is a world-leading power grid technology innovation originating in China, and is of great significance in safeguarding national energy security, promoting power grid upgrading, and realizing the optimal allocation of energy resources, the company said in a news release.
Regardless of sliding markets, the company has lined up HK$78 million from Sony Corporation and JD as cornerstone investors, which accepted a six-month lockup in return for a large allocation.
NORINCO to expand its footprint in mines, power grids, commoditiesChina North Industries Group Corp, a State-owned company that makes hightech products for both defense and civil sectors, plans to increase resource allocation for more visibility in global markets.
These phones were offered by random allocation, in a lucky draw format.
The company confirmed that ten British customers have received the phone, and confirmed that the procedure for selecting the lucky winners was random allocation and not first come first serve.
The demand for internationalized asset allocation becomes stronger and stronger.
com adopts a light-asset business model and does not plan to open any brick-and-mortar medical facilities, because we know the internet is able to remove resource allocation bottlenecks and raise efficiency by connecting all involved parties," Huo said.
The progress of the Shanghai-London Stock Connect rides on a trend of international investors growing their asset allocation to Chinese stock, especially as the United States index provider MSCI included China-listed A-shares in its flagship Emerging Markets index earlier this year.
The number of Xiaomi's Hong Kong offer shares subscribed is 1,034 million, 9.5 times the 108.98 million shares subject to allocation.
Chairman sees demand for nursing homes, education and healthcare risingThe era of overall shortage has ended in China's property market, but new issues of unbalanced allocation and undeveloped services have emerged, said China Vanke Co's Chairman Yu Liang.
The company has also taken full advantage of its integrated business model, optimized resource allocation, production and operations, and stepped up its efforts to create new revenue streams, cut unnecessary expenses, lower costs and boost efficiency, it said.
On Wednesday, the Paris-headquartered company signed a strategic agreement with CreditEase Wealth Management, aiming at deepening their cooperation further in global asset allocation, wealth management solutions, risk management and control, relationship development with local regulators and industry institutions.
With Amundi offering integrated solutions on global asset allocation, CreditEase will launch the "Credit-Ease USD Cash Plus Fund", a US dollar cash management solution available for corporate and high-net-worth individuals.
"We will cooperate with Amundi, which used to serve only ultra-high-net-worth clients, to serve Chinese high-net-worth individuals, providing them with more choices for their global wealth allocation," said Tang Ning, founder and chief executive officer of CreditEase.
"Chinese investors, be it retail and institutional, are into global asset allocation, something that was not possible earlier.
Thanks to the gradual opening of the capital account, there will be more and more money available for overseas allocation," said Zhong Xiaofeng, Amundi's North Asia chief executive officer.
Analysts said creation of energy conglomerates is expected to help coordinate the coal and electricity markets and improve resource allocation to increase profits.
"The private equity business is highly commercialized which needs constant innovation and integration," says Sun, and global asset allocation and risk diversification are important to investors.
Four topics that have drawn wide attention and thorough discussions were Rotation Strategy within the Banking Sector, Design of Blockchain Application, Quantitative Asset Allocation Using Black-Litterman Model and Credit Risk Model for Individual Loan.
The company played a significant role to ensure sufficient oil and gas supply for PetroChina's domestic market through optimization of the allocation of resources.
The country is working hard to integrate itself into the global innovation network, while optimizing the allocation of resources in a collaborative way.
"Wang Zhaoxing, vice-chairman of the China Banking Regulatory Commission, the country's top banking regulator, agreed, saying banks will continue to optimize credit allocation and strongly support reduction of excess capacity.
"Regulators will properly control the force and pace of financial regulation so that banking institutions will play a better role in resource allocation and risk management," Wang said.
Mergers and reorganizations also helped Chinese State-owned enterprises lift global competitiveness by optimizing allocation of industrial resources, Bai pointed out.
China conducted a number of restructuring and integration activities in 2023 to promote central SOEs' resource allocation efficiency.
However, there is still a long way to go before the Chinese financial market realizes a highly efficient allocation of global financial resources.
But few customers are aware that the domestic carmaker has been the leading patent holder among China's private auto enterprises for several consecutive years, thanks to the company's annual allocation of nearly 100 million yuan ($13.95 million) to IP endeavors.
Charlie Zheng, chief economist at Samoyed Cloud Technology Group Holdings Ltd, said the document aims to optimize resource allocation and the market environment, hoping to overcome obstacles hindering the development of Nansha and the GBA.
The central bank will also focus on ensuring a balanced allocation of new credit, enhance the efficiency of existing funds and improve the credit structure, so that social financing can achieve a relatively rapid growth in a sustainable way throughout the year, the statement added.
"Pan said the in-depth integration of data with traditional industries will improve production efficiency, optimize the allocation of resources, and create novel business models and new social value.
Noting that the utilization of data elements is still in its initial stages, Shen said the country will issue a three-year action plan soon to bolster their application, improve the efficient allocation of data resources, as well as nurture new industries and novel business models.
A national fiscal work conference underscored the need to ensure the capital demand of major sci-tech projects and deepen reforms on the allocation and usage of fiscal sci-tech funds, while the National Financial Regulatory Administration vowed to facilitate the development of new productive forces and the building of a modern industrial system.
For instance, implementation plans for fiscal system reforms have been issued in some provinces, contributing to the establishment of a more rational allocation of powers and responsibilities in fiscal systems below the provincial level.
And it will support phased trans-regional relocation of industries from eastern to central and western regions, facilitate market-oriented allocation of land resources and steadily advance reforms in key areas such as finance and taxation, Li said.
"There is a need to not only promote the efficient circulation and market-oriented allocation of data, but also harness the role of data elements to better empower industrial development.
Salman Ahmed, Fidelity's global head of macro and strategic asset allocation, said China has entered into a recovery phase and anticipated a near 5 percent economic growth rate for the year 2024.
The key phrase "new productivity boosters" — highlighted at the recently concluded Central Economic Work Conference — refers to modern advanced productivity generated by technological breakthroughs, innovative allocation of production factors and in-depth industrial transformation and upgrading, the official said, adding that the term takes the improvement of total factor productivity as a core concept.
"We should expedite the translation and application of key scientific and technological breakthroughs, and support leading high-tech companies to pour more money into state-of-the-art technologies to better serve the country's development strategy," Chen said, adding that enterprises, as key players in technological innovation, are expected to play a positive role in promoting the effective allocation of resources.
By eliminating local protectionism and market segmentation, China can create a more dynamic and integrated economic landscape, which will further leverage the advantages of the country's superlarge market, optimize resource allocation based on market forces, and promote collaboration and coordination among different regions, he said.