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China’s Science Ministry Says Innovation Capacity Rose Fastest Globally Over Past Five Years

China’s Minister of Science and Technology, Yin Hejun, said the country has become one of the nations with the fastest-rising innovation capacity, speaking at a State Council Information Office press conference on the 29th under the “Starting the 15th Five-Year Plan” series. Yin said that over the past five years China’s scientific and technological innovation reached a new level and the building of a science and technology powerhouse took solid steps, supporting high-quality development and improvements in people’s livelihoods.

Original source

AI take

This is a broad capability claim rather than a policy announcement, so its market relevance lies in the framing of innovation as infrastructure for development priorities under the next five-year plan. For crypto and RWA markets, the signal worth tracking is whether that stated capacity translates into clearer regulatory or technical standards for blockchain-based applications, since official assessments of this kind often precede more concrete sector guidance. No specific measures were disclosed, so the practical read-through remains indirect.

Generated by AI for reference only.

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