China boosts judicial shield for innovators

Innovators from China's private sector will benefit from stronger judicial protection, especially those working in new technologies and emerging businesses, under a guideline issued on Friday by the country's top court. Reiterating the private sector's important role in the Chinese socialist market economy, the Supreme People's Court released a 25-article guideline requiring courts nationwide to focus more on intellectual property cases involving high-tech fields and to strengthen legal protection for key areas and core technological innovations. The gui…

Shanghai hospital and a local enterprise donate patented medical device to Pakistan

A signing ceremony for the transfer of a patent related to a type of radial artery hemostasis device was held at Zhongshan Hospital Affiliated with Fudan University in Shanghai on Wednesday, with a local company donating 200,000 yuan ($27,870) worth of such devices to the Punjab Institute of Cardiology in Pakistan. The Shanghai hospital said that the donation opened a new chapter in China-Pakistan medical cooperation, showing an emotional connection across borders. A Chinese citizen surnamed Ji, who worked in Lahore, Pakistan, suffered an acute myocardial infarction and returned to China for t…

China's private firms pioneer tech innovation amid policy support

BEIJING — China's private companies are spearheading breakthrough innovations across various key sectors, supported by favorable government policies that encourage entrepreneurship and unleash market vitality in technological advancement. The latest data show that the private sector has emerged as a key driving force behind China's technological development, with private firms now accounting for over 92 percent of the country's high-tech companies since the beginning of the 14th Five-Year Plan (2021-25), according to the National Development and Reform Commission. In recent years, Wuhu Churui …