China aims to help local Internet firms cross into the global market
China seeks to help the country’s Internet firms gain a bigger foothold in the international market, and is preparing to pour more state funds into its emerging tech sector, according to one of its top leaders.Chinese Premier Li Keqiang made the statement in his opening address to the country’s annual parliamentary session on Thursday. He added that China is establishing an “Internet Plus” plan to promote its mobile Internet, cloud computing, and e-commerce sectors, as part of a push to support the country’s emerging industries.“The country has already established a 40 billion yuan (US$6.5 billion) emerging industry innovation investment fund, and more capital will be brought in and integrated,” he said.To read this article in full or to leave a comment, please click here