Top Chinese official says green, high tech development key as nation seeks to spur economy

A top Communist Party official says China is committed to introducing reforms that will upgrade the technological level of its largely manufacturing-based economy. and generate huge revenues from green technologies that would drive around $1.4 trillion in annual revenues. Zhao Leiji, who heads China's rubberstamp congress, told business people and other leaders attending the Boao Forum for Asia that China welcomes "all countries to board the express train of China’s development.” The conference on the island province of Hainan, in the South China Sea, is the latest venue for efforts by Beijing to reassure foreign investors rattled by policies that have raised uncertainties for foreign businesses, geopolitical tensions, and an economic slowdown.