Promoting innovation and technology-based development have been integrated into future development plan outlined by the 3rd Plenum Decision. For years, abundant favorable policies and tax incentives have been offered to R&D-oriented enterprises in order to transform the country from the world’s factory to an innovation-led society. A thorough understanding of this policy framework can therefore lead foreign companies, large corporates and SMEs alike, to substantial cost savings and effective operation in China.

On 5th December, the European Chamber will facilitate an Exclusive Dialogue with Ms. Xiu Xiaoping, Director General from the Torch Center under Ministry of Science & Technology (MOST). With her rich experience in the internationalization of Chinese-born scientific technologies and practices in supervising China’s 105 High-Tech Development Zones, Ms. Xiu Xiaoping will present to the audience an overview of the Torch Programme and innovation-based policy grants available to foreign invested enterprises (FIEs), followed by a Q&A session. In particular, Ms. Xiu will share an introduction of the two International Technology Trading Centres scheduled to be launched in Zhongguancun, Beijing and Qianhai, Shenzhen.

Torch Center, or Torch High Technology Industry Development Center, was founded in October 1989 and is an independent legal entity under the MOST responsible for the industrialization of technological innovations.

Speaker:
Ms. Xiu Xiaoping, Director General, Torch Center, MOST

Moderator：
Asimakis Kokkos , Chair of ICT Working Group, European Chamber 

Agenda:
15:00 – 15:30 Registration and Coffee
15:30 – 16:30 Presentation by Ms. Xiu Xiaoping
16:30 – 17:00 Q&A Session

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