Blueprint to Modernize China's IP Protection

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.

China to Build More Top-level Archaeological Institutions

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.

Tapping Data Value to Build Digital China

The outlook for China's digital development in 2023 was promising, with its total computing power reaching 230 EFLOPS, ranking second globally. That was revealed by the Digital China Development Report (2023) released during the 7th Digital China Summit that opened in Fuzhou city, southeast China's Fujian province on May 24.

Sci-tech Innovation Gets Tax Breaks

Expenditures funded by enterprises for specific basic research are now allowed to be deducted at the rate of 100 percent before tax. In addition, the income generated from the commercialization of sci-tech achievements will enjoy tax incentives, including value-added tax (VAT) reduction and income tax reduction.

Regulating the E-bike Sector

Chinese government departments recently released a slate of measures to promote the standardized and healthy development of the electric bicycle (e-bike) industry, and enhance the quality and safety level of related products.

Construction of Original Tech Sources Initiated

Quantum information, brain-like intelligence and biomanufacturing are just a few of the 36 diverse fields of 52 original technology sources to be established with support from 40 central state-owned enterprises (SOEs).

Plan to Combat Parasitic Diseases

China's National Disease Control and Prevention Administration, along with 14 other government departments, recently issued a comprehensive plan for the prevention and control of key parasitic diseases.

Regulation to Crack Down on Unfair Online Competition

China's State Administration for Market Regulation has issued an interim regulation to crack down on unfair online competition and better protect the rights and interests of online business operators and consumers. The regulation will take effect on September 1.

Banks and Insurers to Strengthen 'Five Priorities'

China's National Financial Regulatory Administration released a guideline for the banking and insurance sectors on May 9 to improve the work of five priority segments — technology finance, green finance, inclusive finance, pension finance and digital finance.

President Xi's Visit Enhances China-Europe Cooperation

A series of important agreements, ranging from economic, sci-tech cooperation to people-to-people, cultural exchanges, were reached, opening a new chapter in China-Europe cooperation.

NSFC, Gates Foundation Launch Vaccine R&D Program

The National Natural Science Foundation of China (NSFC) and the Bill & Melinda Gates Foundation announced a joint program today to support the research and development of innovative vaccine technologies.

Foreign Investment in Domestic Sci-tech Enterprises Encouraged

Overseas institutions are being encouraged to increase investment in Chinese sci-tech enterprises, following a document jointly released in April by the Ministry of Commerce (MOFCOM), the Ministry of Science and Technology and eight other departments.

Green Development to Get Financial Boost

International cooperation will be enhanced, and different kinds of resources will be pooled towards the green and low-carbon sector in an orderly way.

Relending Facility to Spur Sci-tech Innovation

Twenty-one nationwide financial institutions have been selected as eligible for the facility.

Wider Opening Up of Value-added Telecom Services

China will expand the opening up of value-added telecommunication services in pilot areas.

Manufacturing Cities to Pilot Tech Upgrade

China will launch a pilot program for technological transformation in manufacturing cities, according to a notice issued by the Ministry of Finance and the Ministry of Industry and Information Technology in early April.

China to Update Industrial Equipment

China will increase industrial equipment investment by more than 25 percent by 2027 compared to 2023. The utilization rate of digital R&D and design tools will exceed 90 percent in major enterprises, and more than 75 percent of the key production processes will be numerically controlled.

Int'l Center for Science andInnovation's Decade of Progress

Top 10 Scientific Questions in Electrochemistry Unveiled

Identifying and solving such questions is crucial for the advancement of electrochemistry and its industrial applications.

First Enterprises Chosen to Foster New Quality Productive Forces

The State-owned Assets Supervision and Administration Commission (SASAC) of the State Council recently chose the first batch of leading enterprises to accelerate the layout in new domains, and spearhead the development of new quality productive forces.