China aims to turn some state giants into leading tech companies with global influence, the science and technology ministry said, following a meeting with the state-owned Assets Supervision and Administration Commission.
State firms controlled by the central government should play the role of "pillars" in "achieving China's high-level tech self-reliance and self-improvement," Wang Zhigang, the minister for science and technology, was quoted as saying in a statement.
Big state firms should boost investment in basic research, attract more talent, strengthen technological innovation and deepen ties with universities and research institutions, he added on Wednesday.
However, analysts say China's private firms are more innovative than state firms that dominate strategic industries and tend to receive more state subsidies.
China has unveiled a "new whole-nation system", drawing on its political system to pool national resources to support tech projects and break the foreign "stranglehold", drawing on past successes in developing nuclear bombs in the 1960s.