China’s Quest for Global Innovation Dominance

March 30, 2018 | State of the Market Report

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.

Coverage Areas

  • Accelerating Materials Innovation
  • Alternative Fuels
  • Autonomous Systems 2.0
  • Digital Transformation
  • Electronic User Interfaces
  • Energy Storage
  • Future Grid
  • Industrial Big Data and Analytics
  • Industrial Internet of Things
  • Materials Design and Manufacturing
  • Next Generation Power
  • Owning the Energy Transition

Table of Contents

  • China is No Stranger to Adopting Innovative Technologies
    Growing Affluence and Strong Government Oversight Have Led to Rapid Adoption of Innovative Technologies
  • Identifying the Innovation Focus Shaping Xi Jinping’s Future China
    Advanced Manufacturing, Digital Economy, and Green Energy Development Top the List of Xi Jinping’s Priorities in the Development and Modernization of China
  • China’s Journey to Becoming the World’s Technology Leader
    China Will Soon Take Its Role Behind Asia-Pacific’s Innovation Ecosystem to the Global Stage

Lead Analyst

Yuan-Sheng Yu
Senior Analyst

Contributors

Cosmin Laslau, Ph.D.
Jerrold Wang

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