Commercialization of technology accelerated

Through major science projects, China will continue to commercialize the fruits of its technological development with more policies and economic incentives, the Ministry of Science and Technology said on Wednesday.

China is conducting 16 major science projects, ranging from high-end computer chips to large passenger aircraft. "The projects are paramount to China's scientific research," said Chen Chuanhong, head of the ministry's National Science and Technology Major Project Office.

"The projects cover manufacturing, energy, medicine and other fields that will produce breakthroughs and globally competitive products," Chen said. "Our scholars and officials are working on science and commercialization at the same time, which saves time and resources, and allows products to reach the market sooner."