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Risk of innovation countered by need for good products: Zhou Qunfei

Innovation is always accompanied by risks, such as technical risks, market risks, financing risks and management risks, said Zhou Qunfei, chairwoman of Lens Technology Co.

"However, if we are afraid of risks and don't want to try, consumers can not get good products," said Zhou, who is also a member of the National Committee of the Chinese People's Political Consultative Conference.

Enterprises should pay attention to effective connection between technical innovation and market demand, promote innovation and cooperation among the industry, universities and research institutions, and optimize financing channels, Zhou added.

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