Minister of Science and Technology Yin Hejun: Last year, China approved 76 innovative drugs, with total foreign licensing transaction value exceeding $130 billion.

Yin and Jun introduce: In our country, scientific and technological achievements are flourishing, and a large number have emerged. Humanoid robots made a stunning splash at the Spring Festival Gala, showcasing everything from last year’s spinning-dough dance and turning handkerchiefs to this year’s backflips and performing sketches, as all eighteen kinds of martial arts were displayed in competition. Open-source large language models are leading the world, breakthroughs have been made in chip R&D, innovative drugs have developed rapidly, and last year the number of innovative drugs approved in China reached 76. The total value of outbound licensing transactions exceeds $130 billion, and technology empowers every sector of the economy, effectively improving people’s quality of life. (CCTV News)

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