China’s Quest for Global Innovation Dominance

In recent years, China has transformed itself into a global innovation force – shedding its label as a copycat nation that has existed for several decades. Instead, China is now considered a global leader of innovation and a budding destination for emerging technologies across a variety of industries. Several factors played a part, but the directive to speed the pace of this evolution has come from the top. With a new era of leadership underway, Xi Jinping is determined to use innovation as the force behind the country’s development and modernization. While China’s innovation ecosystem spans a wide spectrum, this report examines three key areas – advanced manufacturing, digital economy, and green energy development – prioritized during the 19th Communist Party of China National Congress and determines the country’s innovation force in disruptive technologies that Lux identifies as critical to enabling successful development. Note: Lux analysts have reviewed this content in the last six months and deemed it still current and relevant. We will continue to periodically review content for recency and relevance, and will either archive or refresh this content as the situation requires. Please reach out to your Customer Success Manager if you have any further questions.