General Affairs Office of the State Council issued a circular on December 15, agreeing and announcing the Several Policies Bolstering Commercialization of Self Innovation, a document that is jointly supported by the National Development and Reform Commission, Ministry of Science and Technology, Ministry of Finance, Ministry of Education, People's Bank, State Taxation Administration, SIPO, China Academy of Sciences and China Academy of Engineering.  

The Policies says the state will select some important innovations in the fields of information, biotechnology, aeronautics and astronautics, new material, advance energy, modern agriculture, advance manufacturing, energy conservation and emission reduction, oceanic exploration and give them favorable policy and financial support for their commercialization. 

(China IP News)