10 Jun 2022
More recent developments
March 6, 2026
15th FYP seeks to close lab-to-market gap
The 15th Five-Year Plan (FYP) outlines the state's policy toolkit for closing the breakthrough-to-commercial-product pipeline: The state will expand access to concept verification centers and pilot zones for rapidly prototyping and stress-testing commercial products before launch State-owned enterprises (SOEs) will… Read More »
March 6, 2026
Get ready for more tech IPOs in 2026 and beyond
China's 15th Five-Year Plan outlines a series of measures the state will take to push capital to tech companies at every stage of development. The headline move: The state will formalize fast-track access to IPO and M&A approvals for promising… Read More »
March 6, 2026
Science budget to rise 10% for third year
China is funding its self-reliance engine through increased research spending. According to the Ministry of Finance (MoF) budget report, science and technology spending is set to rise 10% y/y for the third year in a row, for a total allocation… Read More »