China’s Commerce Ministry and eight other government departments have issued guidelines on accelerating technology-driven commerce, saying the country will cultivate technology transfer and commercialization institutions in the consumer goods sector.
The guidelines, jointly released by the Commerce Ministry, Cyberspace Administration of China, National Development and Reform Commission, Ministry of Education, Ministry of Science and Technology, Ministry of Industry and Information Technology, Ministry of Culture and Tourism, People’s Bank of China and State Administration for Market Regulation, call for speeding the market conversion of frontier technologies including brain-computer interfaces and embodied intelligence.

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