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For his part, Obama said his country encourages Chinese companies to invest on its soil and is willing to take measures to loosen controls on hi-tech exports to China.
According to a method of measurement designed by an NBS research group, the China Innovation Index (CII) in 2011 reached 139.6, marking an average yearly growth of 5.7 percent from a base reading of 100 in 2005, said a statement on the NBS website.
Speaking at a sub-forum ahead of the BFA, Edmund Phelps, a Nobel Prize-winning American economist and professor with Columbia University, acknowledged China's increased innovation in recent years, but insisted the government and enterprises need to further encourage innovative minds.
The Hunan Provincial People's High Court said on Sunday that it has accepted plaintiff Tang Hui's bid to have her appeal on the matter heard.
BRICS cooperation not only brings benefits to the peoples of the five countries, but also contributes to promoting democracy in international relations, Xi said.
来源：资阳报