China: Innovation superpower
Also Interesting
- China has gone from a low-value, high-volume manufacturing hub to a market with many high-quality companies to choose from.
- In my view, research and development (R&D) spending and intellectual property (IP) protection are supporting innovation in China.
- Telecommunications equipment, industrials, automotive , and health care are seeing some of the largest productivity gains.
- Innovation has also fueled rapid growth in e-commerce in China.