The General Office of the Sichuan Provincial People's Government has unveiled a strategic initiative aimed at motivating state-owned enterprises to bolster their research and development (R&D) investments. This plan envisions the creation of a robust, incremental growth mechanism specifically tailored for R&D investments within local state-owned enterprises. It advocates for the seamless integration of R&D investments into the annual budget management processes of these enterprises. Furthermore, it encourages provincial state-owned enterprises to take the lead in establishing R&D funding pools.

Simultaneously, the plan introduces a fault-tolerant, trial-and-error, and exemption framework for innovative investments, fostering an environment conducive to risk-taking and experimentation. It also refines the existing categorized assessment system for R&D investments, ensuring a more nuanced and comprehensive evaluation. Ultimately, the plan aspires to achieve universal coverage in the assessment of technological innovation across all state-owned industrial and technology-driven enterprises, thereby propelling Sichuan Province to the forefront of innovation and technological advancement.