Beijing Review

Stronger Local Support for Foreign-Funded R&D Centers

On January 18, the State Council proposed 16 new policies aimed at encouraging the development of foreign-funded research and development (R&D) centers, increasing foreign involvement in innovation-driven economic growth, and sharing opportunities brought by China’s high-quality development. The policies focus on the sciences and technologies themselves, the convenience of undertaking R&D, encouraging brain gain and intellectual property rights protection.

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