1. 14th February 2017 Shuangfa Huang
Innovation in China
14th February 2017
Shuangfa Huang

2. Top down
Innovation?
Bottom up

3. Innovation from the top down (I)
Research and development expenditure (% of GDP)
Source: World Bank

4. Innovation from the top down (II)
Number of patent registration
Source: World Intellectual Property Organization (WIPO)

5. Innovation from the bottom up (Market)20
Source: Financial Times 2016

6. Innovation from the bottom up (ecosystem)
Source: McKinsey Global Institute 2015

7. Impacts on global future

9. References:
McKinsey Global Institute (MGI) :The China effect on global innovation Oct 2015 report
Harvard business review: Why China can’t innovative 2014
China-Britain Business Council: Made in China 2025 report
Cornell University, INSEAD, and the World Intellectual Property
Organization (WIPO): The Global Innovation Index 2015 report
The end of cheap China:

10. Innovation in China
Source: McKinsey Global Institute 2015

11. MIC 2025 The priority sectors highlighted are:
Advanced marine equipment and high-tech vessels
Advanced rail and equipment
Agricultural machinery and technology
Aviation and aerospace equipment
Biopharmaceuticals and high-end medical equipment
Integrated circuits and new generation information technology
Power equipment and technology
High-end manufacturing control machinery and robotics
Low and new-energy vehicles
New materials
Source: China-Britain Business Council 2016

12. Renewable energy subsidies
Source: International Energy Agency (IEA), FT graphic

13. Source note
Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.
Source: World Bank