Hybrid rice, cloned monkeys and mythical dragons
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Chen Hualan, 50. Virologist who helped China quell an outbreak of the dangerous H7N9 avian flu in 2013. She was named by the journal Nature as one of the 10 people who mattered in science in 2013.
In addition, scientific exploration and market needs both involve great uncertainties that require the market mechanism to play a role in allocating social and human capital, Xu said. For example, China lacks reliable, high-quality appraisal institutions to assess technology companies, so a lot of social resources are being invested ineffectively.
Insufficient protection of intellectual property rights and a weak innovation service industry also hinder small and medium-sized companies' ability to create innovative products and services, he said. "The innovation service industry is a highly professionalized sector that takes a long time to mature, and it cannot succeed without government policy support," Xu said.
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