The State-owned Assets Supervision and Administration Commission (SASAC) and the Chinese Academy of Sciences held their 2026 annual cooperation meeting in Beijing on the 8th and signed a series of institute–enterprise cooperation agreements and major projects. Since launching an annual coordination mechanism in 2023, the two sides have initiated over 1,200 projects with cumulative funding above 32 billion yuan; central SOE R&D spending has exceeded 1 trillion yuan for four consecutive years. Coo

The State-owned Assets Supervision and Administration Commission (SASAC) and the Chinese Academy of Sciences held their 2026 annual cooperation meeting in Beijing on the 8th and signed a series of institute–enterprise cooperation agreements and major projects. Since launching an annual coordination mechanism in 2023, the two sides have initiated over 1,200 projects with cumulative funding above 32 billion yuan; central SOE R&D spending has exceeded 1 trillion yuan for four consecutive years. Cooperation focuses on energy development, deep‑sea exploration, green transition and equipment manufacturing, while CAS reports breakthroughs in AI, integrated circuits and bio‑breeding — steps cited as strengthening industrial and supply‑chain security and supporting major national programmes including manned space and lunar/Mars exploration.