China has completed the target for the transaction volume of technology contracts for the 14th Five-Year Plan ahead of schedule.

Data from the Ministry of Industry and Information Technology shows that from January to April this year, a total of 0.228 million technology contracts were registered nationwide, with a transaction volume of 1.6 trillion yuan, a year-on-year increase of 13.3%, indicating a good development trend in China's technology market. As one of the five major element markets in China, the development level of the technology market affects the integration of scientific and technological innovation and industrial innovation. The data indicates that in 2024, the national transaction volume of technology contracts will reach 6.8 trillion yuan, with an increase of 11.2%, maintaining double-digit growth for eight consecutive years, thus achieving the target of 5 trillion yuan in technology contract transaction volume established in the "14th Five-Year Plan for Special Planning of Technology Element Market" ahead of schedule. (CCTV News)