China to continue expanding opening up, sharing development dividends: VP

China will continue expanding high-level opening up and sharing its development dividends with all parties, Vice President Han Zheng said on Monday. Han made the remarks while addressing the opening ceremony of the Global Trade and Investment Promotion Summit 2024

in Beijing. Only by unswervingly advancing trade and investment liberalization and facilitation, and safeguarding the resilience and stability of global supply and industrial chains, can the bond of cooperation be tightened and mutual benefits be expanded, Han said. He called for efforts to seize the opportunity of a new round of technological and industrial revolution, strengthen sci-tech innovation, and nurture new growth drivers...

ISO technical committee on cultural heritage protection inaugurated in Beijing

The inaugural meeting of the technical committee on cultural heritage protection of the Interna-tional Organization for Standardi-zation (ISO) was held on Monday at the Palace Museum in Beijing. Proposed by China and officially approved in March 2024, the

committee is the first technical  committee established by the ISO in the field of global cultural heritage protection since its inception. Through international standardization work on terminology, technology, materials and equipment in cultural heritage monitoring, assessment, protection and restoration processes, the committee seeks to share advanced and applicable technologies and best practices in cultural heritage protection, according to China's National Cultural Heritage Administration. The secretariat of the committee has been set up at the Palace Museum...

China’s intellectual property trade expands in 2023

China's intellectual property trade expanded last year, demonstrating the country's steadily improving international competitiveness in the area, official data showed. From 2013 to 2023, the average annual growth rate of China's total trade in intellectual property royalties stood at

9.4 percent, according to data from the State Administration of Foreign Exchange. Last year, the total trade volume of intellectual property royalties reached $53.7 billion. Among the total, exports stood at 11 billion, an increase of nearly 70 percent compared with 2019, the data showed. In 2023, China's intellectual property trade accounted for about 6.1 percent of the total scale of services trade, an increase of 0.6 percentage points over that of 2019, according to the data...

Chinese sci-fi industry fosters new growth drivers in productive imagination pursuit

Bolstered by the success of popular science fiction works such as "The Three-Body Problem" and "The Wandering Earth," China's sci-fi industry is experiencing accelerated development. According to the 2024 China Science Fiction Industry Report, total revenue of China's sci-fi

industry had exceeded 100 billion yuan ($14.1 billion) for the first time in 2023, recording year-on-year growth of 29.1 percent and reaching over 10 times the figure of 2016. Ranging from sci-fi literature and sci-fi film and TV works to real-life sci-fi scenarios, the industry is seeing strong momentum in emerging fields such as content consumption, the gaming market, and intellectual property (IP) development...