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Only profitable university patents boost progress

However, in 2022, the patent conversion rate for Chinese universities was only 3.9 percent, significantly lower than the industrialization rate of valid invention patents and far behind other leading countries such as the United States (50 percent) and Germany (over 80 percent).
The article from China Daily discusses the increasing trend of Chinese tourists traveling abroad for the New Year holiday in 2025, highlighting a significant recovery in outbound tourism following the relaxation of travel restrictions. It notes that popular destinations include Southeast Asia, Europe, and Japan, with a particular interest in cultural experiences, winter sports, and family-oriented activities. The piece also mentions the rise in demand for customized travel packages, reflecting a shift towards more personalized travel experiences. Additionally, it touches on the economic benefits for both China and the destination countries, as well as the challenges such as visa issues and the need for better travel infrastructure to accommodate the growing number of tourists.

Read the Full 中国日报网 Article at:
https://www.chinadaily.com.cn/a/202412/13/WS675b7295a310f1265a1d2a00.html

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