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2025-10-29 09:17:48
[Ministry of Science and Technology: Notice on Launching an Innovation Points-Based "Challenge-Based" System] The General Office of the Ministry of Science and Technology issued a notice on launching an innovation points-based "challenge-based" system. To effectively promote the implementation of the "Several Policy Measures to Accelerate the Construction of a Science and Technology Finance System to Strongly Support High-Level Scientific and Technological Self-Reliance," and to encourage local governments to conduct pilot programs and carry out distinctive science and technology finance innovation practices, the Ministry is now organizing the "challenge-based" innovation points-based system. Pilot programs will be conducted within the existing policy framework, completing the tasks listed through various innovative methods such as formulating specific implementation policies and conducting reform pilots. At the same time, local governments will be supported in promoting and elevating their innovative practices and best practices. Central-local government collaboration and science and technology finance synergy will empower policy implementation, accelerate the formation of replicable and scalable experiences, and transform science and technology finance policies and measures into concrete and effective measures for science and technology innovation entities to obtain financial support, thereby promoting the construction of a science and technology finance system and mechanism adapted to scientific and technological innovation.
