The China-ASEAN Innovation and Entrepreneurship Competition (hereinafter referred to as CAIEC) is jointly hosted by the Ministry of Science and Technology of the People's Republic of China and the ASEAN Secretariat, and organized by the Department of International Cooperation of the Ministry of Science and Technology of the People's Republic of China, the ASEAN Committee on Science, Technology, and Innovation (COSTI), and the Department of Science and Technology of Guangxi Zhuang Autonomous Region (China-ASEAN Technology Transfer Center, CATTC).

CAIEC aims to deeply implement the spirit of the Special Summit to Commemorate the 30th Anniversary of China-ASEAN Dialogue Relations, using technological innovation as a bridge to inspire the potential for innovation and entrepreneurship, enhance innovation and entrepreneurial capabilities, and explore the establishment of a regular mechanism for alignment and communication channels. CAIEC seeks to promote deeper exchanges and cooperation in innovative elements such as scientific and technological achievements, financial capital, talent teams, and information data between China and ASEAN countries, contributing to the building of a closer China-ASEAN community with a shared future.