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.