China’s State Council is giving a new face to a key national technology development committee, Reuters reports, as part of a wider move to galvanize the country’s lofty tech ambitions.
The formerly-named National Technology and Education Leadership Group is removing the aspect of education in its title to focus solely on technology, according to the Chinese government’s website.
The new arrangement will continue to be chaired by Premier Li Keqiang, with vice premier and economic guru Liu He as deputy.
Chinese tech stocks jumped on the announcement, with IT and telecoms firms rising 4%.
China is hoping to give an extra boost to its domestic technology capabilities, at a time when the sector is increasingly finding itself at the centre of international disputes. In addition to grievances regarding from the US, the EU and Australia have also tightened restrictions on cooperation with Chinese tech companies.
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