New fin-tech services will be introduced to explore more financing channels for small- and medium-sized tech companies, including asset-light firms and firms yet to make profits. Local government equity funds will be channeled to support seed and early stage high-tech startups. Insurance companies will be encouraged to develop products that cover patent enforcement and patent infringement to forestall patent holders' losses from IPR violations.
Market-based operation of state-owned scientific research instrument and equipment will be promoted. Mechanisms will be established to allow for innovation-related decision-making on a trial-and-error basis.
It was also decided at the meeting that the three reform measures, which have so far been piloted in one or two places, will be extended to all the above-mentioned eight cities and regions. Such measures include granting scientists and researchers a certain share of ownership of their findings proportionate to their job positions, setting up science and technology innovation sections in regional equity markets, and allowing greater autonomy for universities administered by local governments to attract talents and confer academic titles.
Li called for careful monitoring and evaluations in the process of wider application of the above mentioned measures. Based on the experience gained, policies will be fine-tuned to promote deeper reform and enable technological innovation to play a greater role in promoting high quality development.
【国内英语资讯:China to extend implementation of reform measures to boost innovation】相关文章:
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2020-09-15
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