Ministry of Science and Technology: Implementing a new credit-based innovation policy with a "revealing leaderboard" approach.

The General Office of the Ministry of Science and Technology issued a notice on implementing the innovation points system, taking inspiration from the "revealing the leaderboard" format of the technology plan, and implementing the innovation points system policy through "revealing the leaderboard". The Ministry of Science and Technology refines the policy measures of "promoting the innovation points system" in the "Policy Measures" into a "leaderboard". Localities will "reveal the leaderboard" according to local conditions, carry out pilot projects within the existing policy framework, complete the tasks on the leaderboard through various innovative methods such as formulating specific policy measures and conducting reform pilots, while supporting localities in promoting good practices resulting from innovation practices and explorations. The coordinated efforts between the central and local governments and the synergy between science and finance empower policy implementation, accelerate the formation of replicable and scalable experiences, convert science and technology financial policy measures into practical and effective ways for science and technology innovation entities to obtain financial support, and promote the establishment of a science and technology financial system mechanism that is compatible with science and technology innovation.