三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Economy

World to gain from China's 'better goods at lower prices'

By Man Ranjith (China Daily) Updated: 2015-11-17 07:40

World to gain from China's 'better goods at lower prices'

Two employees from Haier Group test the influence of high temperatures on the outdoor unit of an air-conditioner. [Photo/China Daily]

I was flummoxed last week when my collegian son, 17, who studies in Bengaluru in South India, asked me why there was so much social media chat about innovation in China. He said many are now forecasting the country will spearhead innovation.

He is a proud Indian who believes India is the global innovation hotspot. So, to learn there are other countries vying for that tag appears to have upset him. Since I didn't have a ready answer, I promised to get back to him later.

Two recent expert observations enlightened me on what China is now doing best.

First, the McKinsey Global Institute's weighty report entitled 'The China Effect on Global Innovation' highlighted a simple fact: Innovation has become arguably China's most important economic priority. Initially, I thought this was just old wine in a new bottle. It wasn't.

The study shows how innovation will need to contribute at least $3 trillion to 5 trillion, or about half of the country's GDP, annually over the next decade, as the recent impetus from an expansion of labor force and capital investment starts to fade away.

Innovation is no longer a fashion statement for the country, it is a sheer necessity.

McKinsey said China has already made a more-than-solid start by pioneering innovation in key sectors like household appliances, Internet software, solar panels and construction machinery. But that alone won't suffice as it lags in several sectors, it said.

Jonathan Woetzel, the Shanghai-based director of the MGI and one of the authors of the report, said: "The real challenge ahead lies in other forms of innovation, such as scientific discovery and engineering."

Boosting innovation in those areas, he said, would smooth China's transition to a more balanced, consumption-driven economy, by expanding the services sector, providing more high value-added jobs and ultimately raising living standards.

Woetzel insists the building blocks of this next phase of innovation are firmly in place and cites examples of celebrated new-age Chinese companies such as Xiaomi, Alibaba, Baidu and Tencent.

The country has already created adequate capacity for research with huge investment in universities and research institutions, and also leads the world in patent applications.

Second, Zhang Yongwei, vice-director-general of the Enterprise Research Institute under the Development Research Center of the State Council, said during a recent briefing the country's creative and high-tech firms, too, are now considered shining lights of innovation, as its traditional industries flounder.

"Investment in technology is investment in the future," he said. "High-tech development zones and innovation parks in sectors such as communications, medicine, new energy vehicles and smart-equipment startups are already the new growth drivers."

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成人看免费一级毛片 | 伊人网中文字幕 | 久久久久久久91精品免费观看 | 女同另类一区二区三区 | 欧美性野久久久久久久久 | 图片区亚洲 | 中文字幕日韩在线 | 日韩区在线观看 | 国产综合区 | 国产成人一区二区三区视频免费 | 手机看片日韩欧美 | 久热re在线视频精品免费 | 国产一区二区三区日韩欧美 | 免费观看成人羞羞视频网站观看 | 国产色婷婷精品免费视频 | 国产人成免费视频 | a毛片免费在线观看 | 日韩中文字幕在线观看视频 | 免费特级黄毛片在线成人观看 | 国产精品极品美女免费观看 | 国产chinese在线视频 | 国产成人激烈叫床声视频对白 | mimiai网址| 免费看黄在线看 | xvideos最新亚洲入口 | 成年女人免费看片 | 国产成人精品999在线观看 | 黑人猛男大战俄罗斯白妞 | 香蕉久久国产精品免 | 日韩精品中文字幕一区二区三区 | 伊人久久大香线焦综合四虎 | 久久成人国产精品青青 | 成人欧美在线观看 | 日韩免费视频播播 | 久久精品国产99国产精品亚洲 | 欧美亚洲免费久久久 | 亚洲欧美日韩成人 | 全免费a级毛片 | 欧美成a人片在线观看久 | 亚洲综合一区二区三区 | 最新黄色在线 |