China science, technology news summary -- Aug. 16

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BEIJING, Aug. 16 (Xinhua) -- The following is a summary of published science and technology news in China:

ENTERPRISE INNOVATION

Chinese authorities on Monday released an action plan to stimulate the technology-innovation capacity of enterprises.

Jointly issued by the Ministry of Science and Technology and the Ministry of Finance, the 2022-2023 action plan specifies supportive measures in 10 areas, including establishing a mechanism for enterprises to participate in the country's sci-tech innovation decision-making on a regular basis.

The document pledges to implement tax incentives to support enterprises in frontier basic research.

GLOBAL FLORISTIC EXCHANGE

Chinese researchers have revealed that the central Qinghai-Tibet Plateau was a globally significant hub for floristic exchange tens of millions of years ago.

The discovery shows that the Podocarpium was present in central Tibet by the late Eocene. Together with previous fossil records, it indicates that Podocarpium may have originated in East Asia, migrated into the central valley of southwest China's Tibet Autonomous Region in the late Eocene, and then spread westward to Europe.

POWER GRID INNOVATION

Foreign diplomats in China spoke highly of China's innovation in power grid construction. They highlighted the need for seeking new cooperation with the country during a visit to the State Grid Corporation of China, the country's largest state-owned utility company.

"China is very well-known to be a champion now in terms of technology and innovation in the power sector," Milia Jabbour, ambassador of Lebanon to China, told Xinhua in an interview during the tour.

During the visit, the diplomats were informed about the company's efforts in securing power supply, technology innovation, and green energy transformation. Enditem

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