text: Inputs must be Increased: (1) financial expenditures, Including necessary foreign currency; (2} Improved management capab IItty; (3) S and T personnel training; (4) necessary physical and advanced research facilities. CHOICE, ACQUISITION AND TRANSFER OF TECHNOLOGY Policies and guidelines on technology choice : Technology grows out of certain soc lo-econom lc condItIons and produces benefits only under a favourable environment. In other words, not ell advanced technologies, regardless of the environ­ ment, can create positive results. In choosing technologies In China, the following factors must be taken Into overal I conside­ ration: (1) the needs of China's socio-economic developments; (2) natural resource condItIons; (3) techn leal capab lilt les and employment opportunity; (4) economic competitiveness; (5) effect on the environment; (6) compatibility with cultural tradition and value concepts. In short, what we need Is technologies that make ful I use of our natural resources, save energy and raw materials, provide job opportunities, reduce environmental pol Iutton• Improve labour productivity, and are conducive to entering Inter­ national markets. These we call as appropriate technologies. China's science and technology Information system such Information, whether Chinese or otherwise, to the sectors and enterprises through professional Journals, cats and other publications. Regulations with regard to choice of foreign technology supplies various period!- In addition to the criteria Indicated above, the following points must be observed: (1) technology Importation must be closely Integrated with domestic enterprise technical trans format I on; (2) techno logy ImportatIon must be conducIve to the Improvement of Indigenous SandT capabilities, rather than Initiating dependence on foreign technologies; (3) priority must 0 II) co "' be given to the Importation of •software•, I.e. patent, technologies, blueprints, etc. The Importation of equipMent pertlcularly turn-key plants must be reduced;· (() adopting flexible forms such as joint venture, purchasing of· production licence. etc.; (5) under normal circumstances, Importation should 
analysis: The text discusses the need for increased financial expenditures, improved management capabilities, and advanced research facilities to support China's socio-economic development. It also emphasizes the importance of choosing technologies that are compatible with China's natural resources, cultural traditions, and economic competitiveness. The text highlights the need for technology transfer and cooperation, and provides guidelines for the choice and acquisition of foreign technology.