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ECONOMYMoving Forward: China’s Plan to Innovation - CHINA BUSINESS 2.0
One of China’s key objectives is to transit the economy from “Made in China” to “Created in China” . As costs increase and the Yuan strengthens, moving up the value chain will be of utmost importance in balancing the export-driven economy and securing China’s global competitiveness. Progress is already visible: R&D spending and patent applications …