Coal Power Gets Green Makeover

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.

Strengthening Patent Use in Key Industries

Cross-border Trade, Investment Get Boost

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.

Advancing Patent Open License System

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.

Structural Reform Drives Sci-tech Innovation

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.

Select Green Tech Targeted for Promotion

China will organize a selection of advanced green technologies and release a green technology promotion catalog (2024 edition), according to a notice released by the National Development and Reform Commission and seven other government departments.

Financing Boost for Sci-tech Innovation

China's capital market plays an increasingly more important role in facilitating tech enterprises' access to financing.

National Industrial Standardsfor AI Announced

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.

Tech Tools to Hike Consumption Patterns

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.

Oil Refining Industry Rushes to Go Green

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.

Policies That Accelerated China's Progress

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.

Beautiful Bays for Beautiful China

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.

Zhejiang Embarks on Data IPR Trials

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.

New Action for Energy Conservation, Carbon Reduction

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.

Industry Standards for Service-oriented Manufacturing

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.

Developing Digital Villages Prioritized

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.

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.