CGTN | 27-May-2020 | Chinese High Tech GDP Contribution
High-tech contributed to 23 percent of the city’s GDP in 2018. In the past year, more than 200,000 patent applications were submitted, a 7.1-percent increase from 2018. But patent applications and GDP only tell one part of the story. Just like Beijing is using its vast academic resources as the foundation for innovation, other cities are leveraging their existing advantages.
For example, in the country’s southwest, Chongqing is a giant producer of electronics and automobiles. Together, these two industries account for 42 percent of the local industrial output.
The city has chosen to push its leading position in these areas by integrating them with Artificial Intelligence. Four of the world’s top 5 robotic companies are operating in Chongqing. The city is looking to expand its lead in areas like big data, intelligent hardware, and intelligent connected vehicles.
More Readings: Chinese cities turn to innovation as engine for development – Data Speaks