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Yearender-High-quality Development: ​China strengthens sci-tech innovation to create key development drivers, boost sci-tech co-op globally

December 16, 2021


Abstract : China's innovation-driven development has yielded fruitful results during the 13th Five-Year Plan period (2016-2020), and science and technology (sci-tech) has become a key driver for the country's economic and social development.

BEIJING, Dec. 16 (Xinhua) -- China's innovation-driven development has yielded fruitful results during the 13th Five-Year Plan period (2016-2020), and science and technology (sci-tech) has become a key driver for the country's economic and social development.

In the Global Innovation Index (GII) reports released by the World Intellectual Property Organization (WIPO), China's ranking has risen from 25th in 2016 to 12th in 2021. Over the past five years, 2.13 million sci-tech achievements nationwide realized technology transactions, 1.52 times the number during the 12th Five-Year Plan period (2011-2015).

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Besides, China's research and development (R&D) spending has increased from 1.42 trillion yuan in 2015 to 2.44 trillion yuan in 2020, with the turnover of technology contracts nationwide growing from 983.6 billion yuan to 2,825.2 billion yuan. The country's sci-tech strength has reached a new level.

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During the 14th Five-Year Plan period (2021-2025), China will continue to vigorously promote sic-tech innovation to create new advantages for development, and meanwhile to expand sci-tech cooperation globally with the aim to build a community of a shared sci-tech future.

-- Policy support opens innovative development path

This year marks the first year of the 14th Five-Year Plan period. The Outline of the 14th Five-Year Plan for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 proposes to uphold the central role of innovation in China's overall modernization drive and make self-reliance in sci-tech a strategic support for national development.

The Outline puts forward to build China into a powerhouse in intellectual property rights (IPR), implement a more open, inclusive and mutually-beneficial international sci-tech cooperation strategy, develop strategic emerging industries, build new pillars for the industrial system by focusing on industries like new-generation information technology, biotechnology, new energy, new materials, high-end equipment, new energy vehicles, environmental protection, aerospace and marine equipment, and plan the layouts of future industries like brain-like intelligence, quantum information, genetic technology, future networks, deep sea, air and space development, hydrogen energy and energy storage, etc.

It also puts forward to support Beijing, Shanghai, and the Guangdong-Hong Kong-Macao Greater Bay Area in developing into international sci-tech innovation centers, build comprehensive national science centers in these areas and Hefei of Anhui Province, and support local governments where conditions permit in constructing regional sci-tech innovation centers.

So far, Beijing, Shanghai, Chongqing municipalities and Guangdong, Hubei, Jiangsu, Zhejiang, Hebei, Guizhou and Jiangxi provinces have already unveiled sic-tech innovation plans which clarify related development priorities of theses places in 2021-2025.

Jiangsu, Zhejiang and Hubei provinces will expedite the construction of regional sci-tech innovation centers, while Hebei, Sichuan and Shandong provinces, Chongqing Municipality and the Yangtze River Delta region will promote high-quality development with innovation communities and clusters of emerging industries as the focus.

At present, China has basically formed a number of innovation agglomeration areas, including the Beijing-Tianjin-Hebei innovation cluster with Beijing as the center, the Yangtze River Delta innovation cluster with Shanghai as the center, the Pearl River Delta innovation cluster with Guangdong as the center, and the regional innovation clusters with Chengdu, Chongqing, Wuhan and Xi'an as the respective centers.

To further promote sic-tech innovation, the Committee for Deepening Overall Reform of the CPC Central Committee on November 24 approved a 2021-2023 sci-tech system reform plan proposing improving the sci-tech structure, giving play to the principal role of enterprises in sci-tech innovation, promoting a virtuous circle of sci-tech, industry, and finance, and accelerating the commercialization and application of sci-tech achievements.

During the 14th Five-Year Plan period, efforts will be made to strengthen basic research and original innovation, support the development of emerging, unpopular and weak disciplines, push forward interdisciplinary integration and research, deploy the innovation chain around the industrial chain, the industrial chain around the innovation chain, and leverage new science and new technologies to help foster new industries and new economies, said an official with the Ministry of Science and Technology.

-- Sci-tech innovation booms in 2021

In the first year of the 14th Five-Year Plan period, China has continued to advance basic research and breakthroughs in key and core technologies, with a great number of innovation results achieved.

According to the GII report, in 2021, China's innovation output is better than innovation input, and it ranks 25th in innovation input, higher than the rankings in 2020 and 2019, and seventh in innovation output.

This year has witnessed the rapid development of strategic emerging industries in China. The first homemade large aircraft production and test flight center was completed; consumer drones account for more than half of the global market; the production and sales of new energy vehicles hit a new record high; China's voice in the global LCD panel industry is increasing; more than 70 percent of the world's 5G base stations have been completed ... A series of new inventions, new technologies and new products are speeding up the formation of new engines for high-quality development and pushing the medium-high end transformation of industries.

As of the end of June this year, the number of enterprises with valid invention patents in China reached 270,000, increasing by 24,000 from the end of last year. Among them, 126,000 are high-tech enterprises which hold 62.3 percent of the total valid invention patents of domestic enterprises.

Since the beginning of this year, China's intellectual property protection system has been further improved, with knowledge-based incentive policies deeply implemented, and the commercialization of sci-tech achievements continuing to flourish. From January to October, 583,000 invention patents were granted, and the investment in services for commercialization of sci-tech achievements increased by 13.6 percent.

From January to August this year, the national high-tech zones, driven by innovation, showed strong resilience in economic development, recording an operating revenue of 29.5 trillion yuan, up 21.9 percent year on year.

Since the beginning of this year, China has introduced a series of preferential policies for additional deductions on taxable R&D expenses, and continuously released tax dividends. According to data from the State Taxation Administration (STA), by the end of October, enterprises across China had enjoyed 1.3 trillion yuan of additional deductions in advance or 333.3 billion yuan of tax cuts or exemptions.

"Greater policy support will help stimulate innovation," said Liu Baozhu, an inspector from STA. According to Liu, 82.1 percent of enterprises enjoying such preferential policies have each received an additional deduction of over 1 million yuan of R&D expenses, and enterprises enjoying such preferential policies have each invested 4.565 million yuan in R&D on average, up 13.3 percent year on year on a comparable basis.

-- Innovation-driven development generates strong spillover effects

China's innovative development also has a strong spillover effect, injecting new impetus into the innovative development of many countries and the world economic recovery.

Currently, China has established sci-tech cooperation relations with more than 160 countries and regions, signed more than 110 sci-tech cooperation agreements, and participated in 200-odd related international organizations and multilateral mechanisms. China's contribution to global sci-tech innovation has significantly increased.

The COVID-19 nucleic acid test kit manufacturing plant in Ethiopia is a microcosm of BGI Genomics Co., Ltd.'s contribution to the global fight against COVID-19. BGI Genomics Co., Ltd. (300676.SZ), a company based in Shenzhen, Guangdong, has built 10 Huoyan, or Fire Eye laboratories in Gabon, Togo, Ethiopia, Angola, Botswana and Guinea as of the first three quarters of this year.

"We not only export testing technology and equipment, but also provide services such as training and technical support to local laboratory staff. Chinese and foreign technicians work together to identify COVID-19 variants and test nucleic acid samples using advanced technologies," said Cao Wei, director of international public affairs at BGI Genomics Co., Ltd., adding that the company operates over 90 Fire Eye laboratories in more than 30 countries and regions around the globe.

As of October 17, China had provided more than 1.5 billion doses of COVID-19 vaccines to 100-odd countries and international organizations. It will continue to provide more safe and effective vaccines to the world, especially to developing countries.

China's Five-hundred-meter Aperture Spherical Radio Telescope (FAST) is the world's largest and most sensitive single-aperture radio telescope, capable of receiving electromagnetic signals from more than 10 billion light years away. From March 31 this year, the FAST began soliciting observation applications from astronomers around the world, and as of mid-November, more than 30 applications have been received, which has become a model of international sci-tech cooperation and exchange.

Li Yingbo, an associate professor at the School of Public Policy and Management of Tsinghua University, said that China's innovative development has had a great spillover effect. For example, Li added, vaccines developed in China have not only helped prevent and control the epidemic at home, but also helped protect the health of people around the world, and China's pioneering efforts in quantum technology and space exploration will paint a better picture for the sci-tech progress of mankind.

"In the eyes of some Western politicians, innovation means a zero-sum game. However, the Chinese government is guided by the vision of a community with a shared future for mankind in promoting innovative development. This is of great significance for promoting global economic development and improving the well-being of people around the world," said Li.

With the continuous growing sci-tech strength and the further construction of large-scale scientific research infrastructure, China will actively foster and launch new major international scientific programs centering onspace science, brain science, environmental science, etc., and attract outstanding scientists from all over the world to conduct joint research, with the aim to make greater contribution in promoting scientific cognition and technology innovation of mankind.

(Contributed by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)

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Keyword: innovation China sci-tech Yearender

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