China Science and Technology Innovation: Transforming S&T achievements into productivity

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China has placed science, technology and innovation high on the agenda of the country's blueprint over the past few years. Not only has a comprehensive system been built, but also several scientific breakthroughs have been achieved. So how can these achievements be transformed into productive power? CGTN's Natalie Pang has more.

The transformation of science and technology into real productivity is a dynamic progress. All of the parts, from the innovation, to the implementation, to the meeting of people's demands, are connected.

DING RONGJUN, PROFESSOR CHINESE ACADEMY OF ENGINEERING "Just taking the development of China's fastest bullet train, the Fuxing, as an example. We have improved lots of human elements. The Internet on the train has been sped up and the seats have been widened. If we just improve the train speed without meeting any demands, all these improvements are useless."

Recruiting professional researchers may be expensive for start-ups and other small-to-medium- sized companies. Therefore, expanding the forces of innovation can help to turn the table. China is providing a solid base for enterprises to get professional support, in order to develop in specific areas.

WAN GANG MINISTER OF SCIENCE AND TECHNOLOGY "Higher learning institutions obtained over 150 billion yuan of research funds from commercial services provided to enterprises and society. Also, several makers' space has been set up so as to help entrepreneurial teams and start-ups develop and create more jobs."

2018 marks the 40th anniversary of China's reform and opening up. Creating an innovative society has been prioritized. Efforts are underway to ensure the Science and Technology transformation will help build a moderately prosperous society in all aspects. Natalie Pang, CGTN.