The Success of Anhui Technology Grand Market as a Platform for Commercializing Scientific and Technological Achievements

Anhui Technology Grand Market functions as a crucial platform for matching and commercializing scientific and technological achievements. Its success is reflected in the total value of technology contracts signed in 2023, which amounted to approximately 1.798 billion yuan (1 yuan is about 21.4 yen). This market serves as a hub where many scientific and technological achievements seeking commercialization opportunities gather, frequently sparking disruptive technological innovations.

Active Technology Transactions in Dongguan, Guangdong Province

Technology transactions are also actively conducted in Dongguan, Guangdong Province. From the beginning of 2023 to the end of February, the number of registered technology contracts reached 156, a 67% increase compared to the same period last year, and the total value of concluded contracts increased by 68% to approximately 220 million yuan. This rapid growth symbolizes the deepening of scientific and technological innovation throughout China.

The Surge in Technology Contracts Across China and Its Background

In 2023, the total value of technology contracts in China increased by 28.6%, with 950,000 technology contracts concluded. This total value reached 6.1476 trillion yuan, meaning that on average, over 168 billion yuan worth of technology contracts were signed each day. These figures indicate the continuously growing intrinsic driving force of scientific and technological innovation in China.

The Importance of Technology Contracts and Their Growth Areas

Technology contracts are a crucial indicator for evaluating the production and innovation capacity of science and technology. Particularly, fields like electronic information, advanced manufacturing, and new energy—referred to as “key technologies”—occupy a significant portion of technology contracts. Additionally, many technology contracts are related to patents and computer software copyrights, increasingly belonging to the “intellectual property-intensive” category. This enhances the substantial value of technology contracts.

Specific Technological Achievements and Their Commercialization Examples

For instance, the innovative drug “Hongzhu Capsule” developed by Sun Yat-sen University has been commercialized in Huazhou, Guangdong Province, becoming a successful example of growing traditional Chinese medicinal materials into a modern industry. Furthermore, Donghua University’s “High-Quality Melt Direct Spinning PBT Polyester Fiber Technology” successfully built a fabric production line with an annual production capacity of 10,000 tons in Wuxi City. Additionally, the cooperation between Qingdao University of Science and Technology and Jining Yilian Chemical Co., Ltd. in developing three production process packages for “resorcinol, p-methylphenol, and p-toluenesulfonic acid” contributes to an annual reduction of 8,424 tons of carbon dioxide emissions.

Conclusion

These cases promote the model transformation and upgrading of traditional industries, accelerating the emergence of emerging and future industries. The success of technology transactions at Anhui Technology Grand Market and in Dongguan, Guangdong Province, serves as a “spark” in China’s overall technological innovation and economic growth, playing a crucial role in promoting high-quality development.

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