China’s Yangtze River Delta region held an auction of its scientific
and technological achievements on June 6 in Huzhou, east China’s
Zhejiang province, selling all 60 of the selected sci-tech achievements
for a total of 134 million yuan (about $18.91 million), Science and
Technology Daily reported Monday.
With their upset prices totaling 96.1 million yuan, the 60 achievements
covered six fields of technology, including digital economy, health,
advanced manufacturing, new materials, energy conservation and
environmental protection, and agriculture and forestry.
A total of 109 companies took part in the auction, during which 11 bids
were made on the research and development as well as application of key
smart technical equipment for geological surveys, the highest number of
bids for an achievement at the auction.
With the upset and hammer prices at 500,000 yuan and 1.6 million yuan
respectively, the achievement also represented the highest appreciation
at the event.
The technology exchange center of east China’s Jiangsu province
recommended 10 sci-tech achievements for the auction, which was jointly
held by provinces and cities of the Yangtze River Delta region, which
consists of Shanghai Municipality and the provinces of Jiangsu, Zhejiang
More than 20 enterprises from Jiangsu took part in the auction. The
technology exchange center of Jiangsu province has had frequent
cooperation with over 100 colleges, universities, and research
The center has introduced an e-commerce model for its online platform,
encouraged higher education institutions and new scientific research and
development institutes to open more than 800 online shops, cultivated
more than 3,000 technology brokers, and held various technology transfer
activities on over 700 occasions.