Minister of Science and Technology: Strengthen the leading role of enterprises in making decisions on technological innovation.

The data shows that by 2024, China's enterprise R&D expenditure will reach 2.8 trillion yuan, an increase of 8.8% compared to the previous year. The proportion of enterprise R&D will reach 77.1%, being the main driving force behind the growth of R&D expenditure in China. The number of unicorn enterprises will reach 372, accounting for over 30% globally. 525 mainland Chinese enterprises will enter the top 2000 global industrial R&D investment list, accounting for 26.3%, demonstrating the continuous improvement of the position of enterprises as the main body of technological innovation. Yin Hejun, the Minister of Science and Technology, introduced that in the next step, the Ministry of Science and Technology will work together with relevant departments to institutionalize the position of enterprises as the main body of technological innovation, nurturing and strengthening leading technology enterprises. They will fully leverage the role of enterprises as "questioners," "answerers," and "examiners," to establish a channel from strong science and technology to strong enterprises, industries, and economy. Minister Yin Hejun stated: strengthening the position of enterprises in making technological innovation decisions. Supporting state-owned and private enterprises to deeply participate in national technological innovation decision-making, and seek more input from enterprises in major strategic, planning, and policy-making processes. Strengthening the position of enterprise research organizations. Supporting enterprises to take on or participate in more national major scientific research tasks, establishing mechanisms for upgrading enterprise projects to national projects, supporting technology-leading enterprises to lead joint innovation with universities, research institutes, and small and medium-sized enterprises, establishing innovation joint bodies, building technological innovation platform bases, promoting innovation integration in the industrial chain, and providing sustained and effective policy support for enterprise technological innovation.