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BEIJING, Aug. 8 (Xinhua) -- China expects knowledge-intensive services to contribute 20 percent of its gross domestic product (GDP) in 2020, up from 15.6 percent in 2015, according to the five-year plan for the country's scientific and technological progress by 2020.
The total factor productivity, of which technological progress is a key sub-section, aims to account for 60 percent of the country's economic growth in 2020, up from 55.3 percent last year, according to the plan published by the State Council Monday.
The number of Chinese patent applications submitted under the Patent Cooperation Treaty in 2020 is expected to be double that of 2015, according to the plan.
Priorities of government efforts over the next five years, include directing resources to key and long-term strategic areas, fostering domestic creativity, creating a favorable policy environment and removing barriers to innovation.
The plan lists measures to improve legislation regarding scientific research and technological development, streamline fund raising systems and raise the efficiency of governance.
