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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.
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.
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.
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.
On June 22, the Sino-French satellite Space Variable Objects Monitor (SVOM) was successfully launched. Earlier, on May 3, China's Chang'e-6 lunar probe carried France's Detection of Outgassing RadoN to the moon, marking the first collaboration between the two countries in lunar exploration and France's debut in a lunar landing project. This year also celebrates the 60th anniversary of diplomatic relations between China and France, highlighting their longstanding cooperation in space.
The 20th Central Committee of the Communist Party of China concluded its third plenary session on July 18, further deepening reform comprehensively to advance Chinese modernization.