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Jan 8, 2025 | 
yicaiglobal.com | Jin Yezi
(Yicai) Jan. 8 -- Recent updates to the National Natural Science Foundation of China’s regulations, effective Jan. 1, will pave the way for more original scientific projects to be funded and diversify sources of funding among other measures designed to ensure the country remains at the frontiers of scientific research, experts said.
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Dec 6, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Dec. 6 -- Policy formulation is essential to promote progress among science and technology clusters, according to the chief economist of the World Intellectual Property Organization.
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Dec 4, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Dec. 4 -- Shanghai’s Fudan University set up the Fudan Science and Technology Innovation Fund of Funds yesterday, with an initial fundraising of over CNY500 million (USD68.7 million), to provide strong financial support for the commercialization of the prestigious university’s scientific research.
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Dec 2, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Dec. 2 -- Shanghai will provide special policy and financial support for specialized, high-end, innovation-driven small and medium-sized enterprises in the city to help them quickly grow into leading companies in their respective fields, according to the city’s deputy mayor. Shanghai will expand the scale of special funds for the development of SMEs in the municipality, Chen Jie said at the China Specialized, High-end, Innovation-driven SME Development Conference held yesterday.
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Nov 18, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Nov. 18 -- Pudong New Area is becoming a cluster for Chinese biomedical enterprises, with over one-third of China's top 100 pharmaceutical firms laying out their business there, according to the head of the pilot free trade zone in Shanghai. The biomedical industry in Pudong New Area reached CNY378.2 billion (USD52.3 billion) last year, accounting for over 40 percent of Shanghai's total, Wu Jincheng said at the 2024 China Pharmaceutical Industry Development Conference yesterday.
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Nov 6, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Nov. 6 -- More than 2,100 companies from the Chinese mainland now have their headquarters or a branch in Hong Kong, and 1,400 companies from the mainland have gone public in Hong Kong, demonstrating how the special administrative region can act as an investment and financing platform for mainland companies, the head of the Hong Kong government said yesterday.
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Oct 29, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Oct. 29 -- China is promoting data sharing among makers of robots that look like humans to accelerate industry development. The National Local Joint Humanoid Robot Innovation Center, the country's first public platform dedicated to humanoid robots, as well as some developers such as Shanghai-based Kupasai Technology, signed a letter of intent and launched an initiative to jointly build a smart data ecosystem during an industry forum yesterday.
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Oct 29, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Oct. 29 -- Several new medicines, along with a record-breaking number of treatments for rare diseases, are taking the spotlight as China began price negotiations with drugmakers to finalize this year's list of treatments covered by national medical insurance. At 117, less than half of the 249 drugs that passed the National Healthcare Security Administration's review in September have moved to negotiations since Oct. 27.
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Oct 25, 2024 | 
yicaiglobal.com | Jin Yezi
(Yicai) Oct. 25 -- Some 89 percent of Chinese technology innovation pre-unicorns, or privately held startups worth less than USD1 billion but likely to exceed the threshold within three to five years, have settled in three major clusters in China, according to a new report.
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Sep 30, 2024 | 
yicaiglobal.com | Mark Kruger |Zhang Yushuo |Jin Yezi |Dou Shicong
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