The Yangtze River Industrial Economic Think Tank Offline Seminar (2ed session) was successfully held on August 27, 2017 at the Suzhou Jinke Hotel. The theme of this offline seminar is “Future China’s New Growth Driver and New Industries”. This issue shows the keynote speech of the Chairman of Metalink Special Alloys Corp. Ma Buyang.China’s economic transformation and industrial upgrading are mainly implemented by the government and enterprises. The success of China’s economic transformation and upgrading depends on whether the government and enterprises can appropriately coordinate with each other, and whether they can ensure the maximum effectiveness of entrepreneurs under the market mechanism. The core idea is to carry out comprehensive and deep reforms around the main line of technological innovation.The government should transform into a foster and protector of the external environment for scientific and technological innovation activities, concentrate on providing institutional supplies, and reduce the external costs of scientific and technological innovation activities through institutional innovation, so as to release the vitality of enterprise scientific and technological innovation to the greatest extent.From an enterprise perspective, the development of successful scientific and technological innovation activities has common laws that need to be followed. In order to make entrepreneurs play the main role in scientific and technological innovation activities, it is necessary to study and summarize this common law, be kind to various styles of scientific and technological innovation activities, tolerate failure in scientific and technological innovation, and create an atmosphere in which the whole society supports entrepreneurs to carry out scientific and technological innovation activities.
