- China Business Blog - http://www.chinabusinessservices.com -

Innovation Nation?

At the recent Westminster Hearings [1](noted in this post [2]) it was interesting to see Hu Shuli, Editor of the crusading Caijing Magazine [3]. Her comments on “Innovation and China’s Future” included:

Hu raised some serious questions, and it will be interesting to se how far China can develop its own technology base. The country is committed to increasing R&D expenditure [4], and has big plans for high-tech projects, such as building passenger jets [5].

While few Chinese companies have had international success with technology (Huawei being one [6]), today’s technologies leaders would be wise to keep an eye on emerging Chinese competitors.