USEUROPEAFRICAASIA 中文雙語Fran?ais
    Business
    Home / Business / View

    Investing in innovation

    By Zhang Monan | China Daily | Updated: 2013-04-11 13:20

    China should divert foreign capital to core technologies and manufacturing activities with high added value

    Globalization has made it impossible for any individual country to produce completely independent innovations or dominate innovations by monopolizing all resources and technologies for such activities.

    Therefore, China should try to take advantage of the dividends brought about by globalization to facilitate its struggling transformation into an innovation-driven economy.

    The ever-rising prices of China's factors of production in recent years, its tightened land supply and looming labor shortages, together with the weakened cost advantages enjoyed by traditional production activities, have put ever-growing pressure on China-based foreign-funded enterprises, especially export-oriented and labor-intensive ones. However, this has not crippled China's general advantages in attracting overseas capital.

    The country's comparatively steady economic development, a series of policies it has adopted to spur domestic demand, as well as a steady increase in the quality of its labor and a relatively complete industrial auxiliary infrastructure, are sharpening China's edge in absorbing high-quality foreign investment. The adoption of an innovation-driven development strategy and measures aimed at encouraging the development of new industries of strategic significance have also offered policy props for China to improve the quality of inward foreign capital.

    At the same time, different economic development stages among its regions and a multi-layer labor force supply model have made China attractive to different types of foreign investment. Its ever-improving investment environment, increased investment convenience, as well as a sound legal system and strengthened efforts for intellectual property rights protection also make China a tempting long-term investment destination for foreign investors.

    China's low ratio of technological conversions is now undergoing some positive changes and this has benefited from expanded technological cooperation with the outside world and its absorption of foreign technological transfers. Data indicate that some foreign countries, especially developed ones, are spending more and more funds on scientific research in China and the number of technological transfers has been growing. These have offered China more chances for cooperation on joint research and development. In particular, developed countries' renewed efforts to promote re-industrialization, boost high-end manufacturing and expand their exports of services, moves aimed at realizing their economic rebalancing, have increased the opportunities for their technological cooperation with China.

    Previous Page 1 2 3 Next Page

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    佐佐木明希一区二区中文字幕| 熟妇人妻中文字幕无码老熟妇 | 亚洲av无码国产精品色午夜字幕| 无码激情做a爰片毛片AV片 | 久久久久久久久无码精品亚洲日韩 | 色噜噜狠狠成人中文综合| 色综合久久久久无码专区 | 亚洲AV无码专区国产乱码电影| 暖暖日本中文视频| 中文国产成人精品久久亚洲精品AⅤ无码精品 | 日韩美无码五月天| 精品久久久久久无码中文字幕一区| 亚洲中文字幕无码爆乳av中文| 中文字幕丰满伦子无码| 国产日韩精品无码区免费专区国产 | 中文字幕AV中文字无码亚| 国产精品无码素人福利不卡| 水蜜桃av无码一区二区| 亚洲精品无码鲁网中文电影| 无码av人妻一区二区三区四区| 大蕉久久伊人中文字幕| 中文字幕免费高清视频| 久久久久成人精品无码中文字幕| 亚洲色偷拍区另类无码专区| 国产无码区| 人妻一区二区三区无码精品一区| 刺激无码在线观看精品视频| 高清无码视频直接看| 精品欧洲av无码一区二区三区| 国产乱子伦精品无码码专区 | 中文无码vs无码人妻| 亚洲成av人片不卡无码久久| 亚欧无码精品无码有性视频| 亚洲AV永久无码精品一区二区 | 日本三级在线中文字幕在线|中文| 少女视频在线观看完整版中文| 国产亚洲中文日本不卡二区| 无码精品日韩中文字幕| 亚欧成人中文字幕一区| 日韩精品无码人成视频手机 | 成人无码区免费A∨直播|