On December 16, 2019 local time, at the 14th ASEM Foreign Ministers' Meeting in Madrid, State Councilor and Foreign Minister Wang Yi pointed out, the new round of scientific and technological revolution should provide a new driving force for common development and a new opportunity shared by all countries. We need to encourage innovation cooperation to foster new drivers of growth, and reject technological monopoly, digital hegemony, and the attempt to create technological divide or decoupling of development. As artificial intelligence, 5G, bio-tech and other advanced technologies will shape the development of the global economy, countries are duty-bound to provide a fair, equitable and non-discriminatory environment for foreign businesses to invest, operate and pursue cooperation.