Category: In Focus

CGTN | 27-May-2020 | Tsinghua University’s Evergrande Research Institute

China’s journey to claim the title of the world’s second-largest economy has relied on low-level industries and manufacturing. Going forward, innovation will take the lead. In a study by Tsinghua University’s Evergrande Research Institute, innovation was listed as either a core component or a goal for the majority of the top 10 Chinese cities with the greatest developmental potential. Continue reading “Chinese cities turn to innovation as engine for development – Data Speaks”

CGTN | 27-May-2020 | Innovative Centers | Beijing, Shenzhen, Guangzhou

Despite Beijing, Shenzhen innovations successes, some other cities in China still lag. Guangzhou is one of them. In recent years, it has devoted no more than 3 percent of its GDP to R&D, almost half of the investment made by innovative centers like Beijing and Shenzhen. Guangzhou only saw 10,000 invention-creation patents granted in 2018. This puts this first-tier city in the same league as second-tier centers. Continue reading “Chinese cities turn to innovation as engine for development – Guangzhou still lag”