Is China Leading Global Innovation?

by The Bearing Wave on November 4, 2015

China InnovationChina is investing heavily in research and development and rapidly increasing high-technology output. This is happening as the country is passing through a challenging transition, as the labour-force expansion and surging investment that propelled three decades of growth is now weakening.

This is a natural stage in the country’s economic development. Yet it raises questions such as how drastically the expansion of GDP will slow down and whether the country can successfully become a leader in innovation and tap new sources of growth? Will the West soon be surpassed as the world’s innovation powerhouse? This was the topic of a debate at last months World Economic Forum in Abu Dhabi. Below is a video of the discussion. The participants are:

  • Chen Zhangliang, Vice-President, China Association for Science and Technology, People’s Republic of China
  • Mikael Damberg, Minister for Enterprise and Innovation of Sweden
  • Francis Gurry, Director-General, World Intellectual Property Organization (WIPO), Geneva; Global Agenda Council on the Creative Economy
  • Kevin Sneader, Chairman, Asia, McKinsey & Company, Hong Kong SAR
  • Amy Wilkinson, Lecturer, Stanford Graduate School of Business, USA
  • Moderated by Helena Leurent, Head of Business Engagement, Member of the Executive Committee, World Economic Forum, Switzerland
China 2015–Leading Global Innovation?

About The Bearing Wave :

The Bearing Wave is a blog for the consulting firm Bearing, where we write about our methodology and experience. We also present news from our practice and thoughts on development, and we sometimes publish guest authored articles. The blog has been published since 2009 and contains hundreds of articles, and it has several hundred readers every day from across the world.

Leave a Comment

Previous post:

Next post: