Officials, experts, and company leaders gathered in Beijing for the Zhongguancun-2024 Forum to emphasize the importance of international collaboration in science and technology. The focus of the event was to explore ways to jointly address global challenges through technological innovation and the development of new productive forces.
Vice Premier Ding Xuexiang stated that China is ready to work with the international community to practice the concept of open, fair, just, and non-discriminatory international scientific and technological cooperation. The country aims to establish a mutually beneficial global collaboration model in scientific and technological innovation, breaking down barriers that restrict the flow of knowledge, technology, talent, and other innovation factors to create an open innovation ecosystem.
Beijing’s Municipal Party Secretary Yin Li announced that the capital city will enhance its innovation potential by accelerating the establishment of world-leading science and technology parks, increasing investments in fundamental research, and making breakthroughs in key technologies.
According to data from the Ministry of Science and Technology, China’s investments in research and development exceeded 3.3 trillion yuan ($455.4 billion) in 2023, marking an annual increase of 8.1%. Expenditures on fundamental research reached 221.2 billion yuan, a 9.3% increase compared to the previous year.
China has made significant strides in scientific and technological innovations in recent years. Marco Aleman, Assistant Director General of the World Intellectual Property Organization, recognized China as an innovation powerhouse that contributes to global growth and sustainable development.
The country ranks 12th in the Global Innovation Index 2023, according to the World Intellectual Property Organization. By the end of last year, China possessed 24 out of the world’s top 100 scientific and technological clusters, securing the first place globally.
Quarraisha Abdool Karim, President of the World Academy of Sciences, emphasized that partnerships and collaboration form the basis for a sustainable future, offering opportunities for all stakeholders to explore new paths in achieving the United Nations’ Sustainable Development Goals.
Lei Jun, Founder and CEO of Xiaomi Corp, expressed the company’s commitment to increase investments in research and development and strive for breakthroughs in core technologies.
The Zhongguancun-2024 Forum serves as a platform to reinforce China’s dedication to global scientific cooperation and showcases its ambition to drive innovation and technological advancements for the benefit of humanity.
China’s emphasis on global scientific cooperation at the Zhongguancun-2024 Forum reflects its commitment to international collaboration in science and technology. The country aims to establish a mutually beneficial global collaboration model in scientific and technological innovation, breaking down barriers that restrict the flow of knowledge, technology, talent, and other innovation factors to create an open innovation ecosystem.
One current market trend in China is its increasing investments in research and development. According to data from the Ministry of Science and Technology, China’s investments in research and development exceeded 3.3 trillion yuan ($455.4 billion) in 2023, marking an annual increase of 8.1%. This showcases China’s commitment to fostering scientific and technological advancements.
Furthermore, China has been making significant strides in scientific and technological innovations. The country ranks 12th in the Global Innovation Index 2023, according to the World Intellectual Property Organization. By the end of last year, China possessed 24 out of the world’s top 100 scientific and technological clusters, securing the first place globally. This highlights China’s position as an innovation powerhouse and its contributions to global growth and sustainable development.
However, there are key challenges and controversies associated with China’s emphasis on global scientific cooperation. One challenge is the protection of intellectual property rights. As China continues to invest in research and development and drive innovation, it must ensure that intellectual property rights are respected and protected. This is essential to encourage both domestic and international collaboration.
Another challenge is the potential for geopolitical tensions and competition in scientific and technological advancements. As different countries and regions strive to lead in technological innovation, there may be controversies and conflicts of interest that arise. It is important for China to navigate these challenges and find ways to collaborate and cooperate with other countries for the benefit of global scientific progress.
In summary, China’s emphasis on global scientific cooperation at the Zhongguancun-2024 Forum highlights its commitment to international collaboration in science and technology. The country’s increasing investments in research and development, its position as an innovation powerhouse, and its dedication to breaking down barriers for open innovation showcase its ambition to drive innovation and technological advancements for the benefit of humanity.
Related Links:
– World Intellectual Property Organization