The Zhongguancun (ZGC) Forum, one of China's most high-level forums in the field of science and technology, was held in Beijing from May 25 to 30.
Participants from over 80 countries and regions came to the event to explore the latest trends in the high-tech world while seeking cooperation.
At the ZGC Forum Technology Transfer Development Conference of Global Top Universities, scholars and representatives from dozens of well-known universities from China and abroad, including Tsinghua University, Peking University, Hong Kong Polytechnic University and Georgia Institute of Technology (USA), gathered to exchange ideas on how to promote and accelerate the commercialization of technological achievements by universities.
The overseas attendees also saw the meeting as a precious opportunity to strengthen collaboration with China.
Nathan McNally, Director of Capital Enterprise at University College London (UCL), highlighted that China is now the world's second leader in health and life sciences, investment into research and development, as well as intellectual property (IP) generation, which makes the country a magnet for global researchers.
"There's always been a great synergy between the UK and China… You've got great facilities and expertise in AI, in manufacturing, like the UK. So we can work together to create good innovations," he told CGTN.
"Since I've been here, all the conversations at the trade fair on open innovation and research has shown that they want to stimulate collaborations and partnerships," he said, highlighting the openness and willingness for cooperation he felt at the event.
McNally's words were echoed by Nedeljko Milosavljevic, Director of Technology Transfer Office of University of Belgrade, Serbia.
"China is definitely becoming a leader in science and technology. We witnessed enormous growth of China in the last couple of years. And we definitely see that as a huge potential for cooperation," he said.
"China has a lot of great facilities built, science and technology parks, incubators… it is a must for us to cooperate with China," he noted.
Irene Dal Po, Head of Impact Strategy of Oxentia ltd, an operating division of the technology transfer company of Oxford University, said it's "absolutely crucial" to strengthen cooperation with China.
She said China is developing "a super strong technology ecosystem," while the UK also keeps reinforcing its innovation strategy. " I think it's vital for both ecosystems to keep working together and grow together."
The experts expected areas such as artificial intelligence and biotech to see increasing international cooperation.