Can Innovation Save China?

http://insights.som.yale.edu/insights/can-innovation-save-china

In the fall of 2015, Chinese Premier Li Keqiang visited the high-tech zone of Dalian and spoke about the importance of innovation and entrepreneurship for the country’s future. Xinua, the Communist Party’s official news agency, reported that Li said, “The competitiveness of companies will take a leap forward with the increase of each weight of innovation.” It seems that everyone from the Communist Party to private investors agrees on this point.

Source: Can Innovation Save China?

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