China
Jean Paul Simon and Yang Yang
Abstract:
The ICT sector is representative of the massive changes in Chinese industry and economy. It has developed a strongly growing manufacturing arm, with large inward and outward foreign direct investment (FDI) flows and export-led activities. The ICT sector rose as a pillar of the Chinese economy. Manufacturing dominates China’s ICT industry. China is emerging as one of the most important sources of R&D personnel. Chinese indigenous innovation capabilities are increasing as China is turning into one of the most prolific countries in terms of applications for patents. However, truly global R&D in Chinese companies is still a long way ahead as the level of R&D expenditures remain modest.
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