" Chinese engineers are well equipped to produce the kind of innovative work that their more illustrious American rivals are renowned for ", said Ya-Qin Zhang , chairman of Microsoft’s Asia Pacific research and development group. “If you look at the last five years, China has invested in its R&D budget about 2.1% of [gross domestic product]… there’s a lot of activities in innovation,” he said during a panel discussion on whether China could shed its image as a global workshop and become a bastion of innovation. According to this article , in novation is new strategic priority for China! " Chinese capacity for indigenous innovation is weak, Chinese industrial technology is at a low level, and both Chinese basic and cutting-edge research are relatively unimpressive ," Premier Wen Jiabao said in July 2011. Who is helping China in growing their innovation prowess? It's none other than the multi-nationals including General Electric, General Motors, Sieme...
Get Your Business going on oGoing, leading Business to Business Social Network and grow your exposure and website traffic. Join Now
Comments
Post a Comment