Ministry of Commerce encourages foreign investors to participate in technology demonstration projects

Vice Minister of the Ministry of Commerce Jiang Yaoping stated at the 12th High-Tech Fair Ministerial Forum held on November 16 that China will vigorously promote international cooperation and exchanges, encourage foreign-invested enterprises to participate in the China Technology Demonstration Project, and jointly form an international relationship with Chinese companies. standard.
Jiang Yaoping said that with the continuous improvement of China's science and technology, especially the rapid development of high-tech industries, the scale has ranked among the highest in the world. In 2009, China's GDP was 37.35 billion yuan, accounting for 8.5% of the world's total economy. The international market share of electronic information, new medicines, and new energy products has gradually increased, and the level of internationalization has been continuously improved. However, Jiang Yaoping believes that we should also be soberly aware that Chinese companies still have certain weaknesses and constraints in terms of research and development capabilities, manufacturing of key equipment, and talent pools. They need to be addressed through strengthening technological innovation and promoting international cooperation.
Therefore, he believes that under the current new world situation, China needs closer "international cooperation and exchange" and "needs to participate in international cooperation at a higher level."
At the meeting, Jiang Yaoping also discussed other new models for participating in international cooperation. For example, encourage overseas companies and research institutes to set up R&D institutions in China, implement Chinese companies and R&D institutions to conduct joint research and development overseas, and encourage Chinese enterprises and R&D institutions to participate in international The formulation of standards.
In terms of investment and financing cooperation, Jiang Yaoping pointed out that foreign investors should be encouraged to invest in China's strategic emerging industries, and at the same time encourage qualified companies to carry out overseas investment, expand the autonomy of foreign investment in enterprises, and strengthen cooperation in international certification of enterprises and products.
To this end, Jiang Yaoping stated that the central government will improve the examination and approval procedures and further increase support for the new model of cooperation between Chinese and foreign enterprises.

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