DALIAN, Sept. 6, 2007 -- Chinese Premier Wen Jiabao said here Thursday that innovation is his biggest expectation for Chinese new champions.

Wen made the remark while answering a question from World Economic Forum (WEF) Executive Chairman Klaus Schwab at the Inaugural Annual Meeting of the New Champions hosted by the WEF in China's northeastern coastal city of Dalian.
Chinese Premier Wen Jiabao answers questions after delivering a special address during a plenary session to welcome guests of the Inaugural Annual Meeting of the New Champions in the Plenary Hall of the Dalian World Expo Center in Dalian, a coastal city in northeast China's Liaoning Province, Sept. 6, 2007. The Inaugural Annual Meeting of the New Champions, also dubbed "Summer Davos", was opened here Thursday. More than 1,700 officials and business leaders from over 90 countries and regions took part in the event.

Chinese Premier Wen Jiabao answers questions after delivering a special address during a plenary session to welcome guests of the Inaugural Annual Meeting of the New Champions in the Plenary Hall of the Dalian World Expo Center in Dalian, a coastal city in northeast China's Liaoning Province, Sept. 6, 2007. The Inaugural Annual Meeting of the New Champions, also dubbed "Summer Davos", was opened here Thursday. More than 1,700 officials and business leaders from over 90 countries and regions took part in the event.  (Xinhua Photo)

Innovation means creation in products, technology, management and system, no matter it is a state-owned enterprise or in other forms, said the premier.

China launched the reform of state-owned enterprises years ago with the goal of establishing a modern corporate system while developing a group of enterprises of various ownership.

Many new champions have risen from those enterprises in such sectors as information and telecommunications, environmental protection and high and new technology, said Wen.

Only through innovation can an enterprise play its due role in economic and social development and resolve its problems in quality and efficiency, the premier said.