Introduction  This paper summarized the formation and development of the China technology market since China's reform and opening up， as well as the great practices and outstanding theoretical contributions by the Communist Party of China （CPC） and the Chinese government in the process of cultivating and constructing the technology market by focusing on studying and exploring what the technology market is and how to build it， based on the opportunity of unprecedented changes in co-existence of chances and challenges， and from the perspective of further strengthening the cultivation and construction of the China technology market in the new period.

  Method  From the perspective of summing up experience and learning lessons， with the viewpoint of dialectical materialism， based on the problems regarding further strengthening the cultivation and construction of the China technology market in the new period and in terms of government management under the market mechanism， this paper analyzed the relationship between the cultivation and construction of the technology market， the master-slave relationship between the technology market and the talent and capital markets， the relationship between cultivating and establishing the scientific and technological service chain and aligning it with the scientific and technological innovation chain and the industrial chain， and the great significance of building a powerful scientific and technological service market and promoting the healthy development and continued prosperity of the China technology market in the new period.

  Result  This paper holds that the China technology market as a prominent social phenomenon in a country where the market economy has not been completely formed， is the result of the great choice prudently made by the central government after boldly breaking free from the shackles of the outdated planned economic system — implementing commodity economy and pursuing market economy until it establishes a national market economic system. It fully reflects the persistence， dashing and innovative spirit and bold practice of the Chinese people and scientific and technological staff in implementing the central government's reform and opening-up policy， and the country's unprecedented great practice of "vigorously exploring the technology market". It also presents their huge achievements in boosting national scientific and technological progress and national economic development. From theory to practice， the central government has successfully made a historical leap from the planned economic system to the initially established market economic system. This shift marks the Chinese people's theoretical contribution to scientific socialism in the world， which has important theoretical value and contemporary significance. This paper raises a series of viewpoints with a certain research depth and exploration value. Especially with regard to the logical relationship between the emergence of the Chinese technology market and the proposal of the policy that requires the country to carry out reform and opening up， and the establishment of a socialist market economic system， this paper analyzed the master-slave positioning and interactive relationship between the technology market and other socialist production factor markets in China. In addition， it put forward its unique views and suggestions， especially on the major contributions made by the technology market to promoting the national scientific and technological progress and the rapid development of the national economy.

  Conclusion  This paper sorts out and analyzes the activities in the Chinese technology market and various problems in practice， clearly reveals the essence and connotation of the technology market， and clarifies its functions and roles. In order to further develop the technology market in the new period and continue to play its roles in promoting the country's economic and social development and building a powerful country in science and technology， service and manufacturing， this paper calls on the Chinese government to effectively strengthen management and services regarding the construction and cultivation of the market， and take quick actions to make the two major tasks to be the important responsibilities and central themes for building an innovative country in the process of building and cultivating the Chinese technology market in the new period under the market economy system. These tasks and responsibilities refer to changing the current work system of the technology market where operation and management are not distinguished， as well as creating and developing a sound development environment to build a powerful scientific and technological service market.