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The Innovation Credit System (ICS), piloted in 2020, is set for an upgrade and expansion.
Small and medium-sized enterprises recently got a shot in the arm after the release of a special program to support them in technological innovation, through a governmental financing guarantee system.
An action plan for the low-carbon transformation and construction of coal power (2024-2027) has recently been released by the National Development and Reform Commission and the National Energy Administration.
Recently, a guideline on strengthening commercial and financial coordination and supporting the high-quality development of cross-border trade and investment was released by the Ministry of Commerce (MOFCOM), the People's Bank of China, the National Financial Regulatory Administration and the State Administration of Foreign Exchange.
The China National Intellectual Property Administration (CNIPA) recently issued a notice to facilitate the efficient operation of the patent open license system by expanding the modes and channels for the transformation and application of patents.
Over the past decade, China has prioritized structural scientific and technological reform as a crucial aspect of comprehensively deepening reforms, laying the foundation for a systemic framework to support sci-tech innovation.
China's capital market plays an increasingly more important role in facilitating tech enterprises' access to financing.
By 2026, China expects to develop more than 50 new national and industrial standards for AI development, and participate in the development of over 20 international AI standards.
A set of measures aimed at encouraging new consumer scenarios and supporting new growth points were unveiled in a circular on June 24, through a joint effort led by the National Development and Reform Commission (NDRC) and four other related departments.
After China released a two-year action plan for energy conservation and carbon reduction, five key departments, including the National Development and Reform Commission and the National Energy Administration, collaborated to issue a specific action plan for the oil refining industry this June. This plan aims to improve energy efficiency in the sector and reduce CO2 emissions.
China has been improving its science and technology policies to encourage R&D. For more than a decade, a series of important sci-tech policies and measures have been introduced.
China is gearing up to improve its seascape by building or renovating around 110 beautiful bays across the country. The Ministry of Ecology and Environment (MEE) has issued an action plan to expand and upgrade the "beautiful bay" initiative, a key strategy to revitalize and safeguard the coastal ecosystem.
In late May, Zhejiang province issued a guideline on deepening the reform of data intellectual property rights (IPRs) to promote high-quality development. This is China's first provincial-level policy specifically focused on data intellectual property.
China's State Council recently released a two-year action plan aimed at energy conservation and carbon reduction to support the carbon peaking and carbon neutrality goals.
To better integrate advanced manufacturing with modern service industries, the Ministry of Industry and Information Technology recently issued a guideline to establish standards for service-oriented manufacturing.
China has unveiled version 2.0 of its guideline for building digital villages, a move aimed at tackling emerging challenges while driving rural revitalization through information technology.
In its latest move to motivate innovation and create a sound business environment, China has taken a significant step forward in bolstering its intellectual property (IP) protection system.
The National Cultural Heritage Administration (NCHA) issued a trial guideline to assist with the development of world-leading archaeological institutions in late May, aiming to elevate the overall impact of China's archaeological institutions and accelerate the high-quality development of cultural relics and archaeology.
China just shattered both its domestic and the international record for the deepest underwater excavation, using a locally developed tunnel boring machine (TBM). Named "Shenjiang No. 1," the TBM has a cutting diameter of 13.42 meters, and completed the excavation of the underwater high-speed rail tunnel at a depth of 106 meters below the seabed in the Pearl River estuary on August 19.
This August marks the 5th anniversary of the implementation of the master plan of the New International Land-Sea Trade Corridor.
