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China's technology market develops rapidly
(Xinhua)
Updated: 2004-11-01 16:44 China's technology market has
developed rapidly since it appeared in 1980s, according to China Technology
Market Association (CTMA).
In 2003, more than 260,000 technology contracts were registered in China and
the transaction volume hit 1.08 trillion yuan (US$13 billion), which was 155
times that of 1984.
"During two decades' development, the technology transaction has actively
propelled development of technology transfer to productive forces in China,"
CTMA Chairman Han Deqian said on Sunday.
"At present, over 1 million people are engaged in technology market and the
progress of technology market has played an important role in promoting
development of national economy," said Cheng Jinpei, vice minister of science
and technology.
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