The following document, issued by the Chinese Academy of Sciences (CAS), describes CAS’ efforts to encourage its scientists to find practical applications for their technological innovations. The guidelines laid down in this document aim to incentivize PRC scientists to engage in entrepreneurship, even if it means they leave CAS.
The Chinese source text is available online at: https://web.archive.org/web/20201119203456/http://www.cas.cn/tz/201608/t20160823_4572052.shtml
US $1 ≈ 6.5 Chinese Yuan Renminbi (RMB), as of January 8, 2021.
The 18th Party Congress expressly proposed implementing the innovation-driven development strategy. These Guiding Opinions have been formulated in order to accelerate the conversion of technologies into real productive forces (生产力), effectively boost the ability of the Chinese Academy of Sciences (CAS) to transfer and convert scientific and technological (S&T) achievements into practical applications (科技成果转移转化), and fully utilize the role of S&T in supporting and leading economic and social development.
I. Guiding Ideology
(1) CAS shall encourage its affiliated organizations to emancipate their minds (解放思想), seek truth from facts, actively explore effective initiatives well-suited to national scientific research institutions, and accelerate promotion of the transfer and conversion of S&T achievements into practical applications, in accordance with the Law on Promoting the Conversion of Scientific and Technological Achievements, Several Provisions on Implementing the “Law of the People’s Republic of China on Promoting the Conversion of Scientific and Technological Achievements” issued by the State Council, and the Action Plan for Promoting the Transfer and Conversion of Scientific and Technological Achievements issued by the General Office of the State Council, and in accordance with the Directive for Running CAS in the New Period and the direction of scientific research institution reform.