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flag China is pivoting from real estate to innovation, boosting tech, startups, and regional development.

flag China is shifting from real estate-driven growth to innovation-led development, emphasizing technological advancement, industrial upgrading, and a reformed financial system that supports long-term investment in startups and high-tech ventures. flag The government is promoting fair competition, strong intellectual property protection, and efficient technology transfer between research institutions and industry. flag Regional strategies vary: major urban clusters focus on cutting-edge innovation, while central and western areas target niche advancements, and smaller cities use technology to modernize local industries, aiming for a more efficient, demand-driven innovation ecosystem nationwide.

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