China's IP in Foreign Eyes

  • Recently,a consortium led by China's Anta Sports Products is closing in on a €5.6bn takeover of Finland's Amer Sports in what would be the largest outbound deal into Europe by a Chinese company this year. If successful, Anta, China's largest sportswear brand by revenue, would acquire Amer's portfolio, which includes Atomic skis, Salomon mountain sports gear, Louisville Slugger baseball bats and Wilson tennis rackets.

    ——Anta Sports close to €5.6bn Amer deal,Financial Times

    Comment:

    Chinese sports brand enterprises rely on independent innovation, actively promote brand upgrades, and further enhance the influence of Chinese national brands in the world, which lays a solid foundation for expanding international markets and implementing brand globalization.

  • The proposed underwater tunnel will be a part of  the 77-kilometer Yong -Zhou Railway plan (from Ningbo to Zhoushan) to boost tourism and create a two-hour-commute zone within Zhejiang Province. Yong- Zhou Railway will connect Ningbo East Station and Zhoushan connect Ningbo East Station and Zhoushan Baiquan)Station by high-speed trains that hit a maximum speed of 250 kilometers per hour. The new route, connecting to the existing vast high-speed rail network in China, will transport travelers from Hangzhou --capital city of Zhejilang--to Zhoushan in 80 minutes.

    ——China green light first underwater high-speed railway,CNN

    Comment:

    China's High-speed railway technology with independent intellectual property rights is  breaking through the limitation of various geographical environments. As the representative of independent intellectual property rights, China's high-speed railway will not only improve the regional economy, but also offer convenience for Chinese residents. 

  • "It is the first time in China to achieve self-service for the whole check-in process," said Mr Zhang, general manager of the ground services department for Spring Airlines, the first airline to adopt the system (facial recognition) at Hongqiao airport. Currently, only Chinese identity card holders can use the technology. Spring Airlines said Tuesday that passengers had embraced automated check-in, with 87 percent of 5,017 people who took Spring flights on Monday using the self-service kiosks, which can cut down check-in times to less than a minute and a half.

    ——USA Today, Check-in with Facial Recognition Now Possible in Shanghai

    Comment:

    In China, facial recognition is finding its way into daily life. Based on huge market and ever-expanding applications, China has seen its new innovation and advanced technology in the field , which enables more and more Chinese to enjoy the convenience of transportation. 

  • Retailers' practice of offering new product designs annually also plays to Yiwu's advantage. This year's best-sellers are products in the millennial-friendly colors of palepink and mint, says Ziru Christmas Crafts' Hong, and such changes require coordination among a tightly knit supply chain. Each pink mini tree with snowflakes and acorns requires three suppliers to adjust to her vision, she says. "It's not as easy as it looks to make a little tree like this. Every part is from a different factory."

    ——China's Christmas Village Isn't Worried About Trump's Trade War,by Bloomberg Businessweek

    Comment:

    China has been changing its image of low-tech and low-end manufactures in artware design. Yiwu's shifting toward higher-value manufacting and design makes itself become a new innovation center.

  • China's push to go fully electric would give BYD a strong domestic foundation for its ultimate ambition to become a global brand. To that end, Wang hired the actor and climate champion Leonardo DiCaprio in 2017 as a brand ambassador and began exporting its vehicles to the U.S. BYD has inked deals to supply electric buses to Facebook Inc.'s sprawling headquarters in Menlo Park, Calif., the transit authority in Long Beach, Calif., and the campuses of Stanford University and the University of California at Los Angeles.

    ——The First Quieter Megacity, Thanks to Electric Vehicles,by Bloomberg Businessweek

    Comment:

    At the forefront of metropolis-scale replacement of the combustion engine, BYD is using its strong and effective brand strategy to gain its international advantage. China's developing EV technology is BYD's foundation more than a goal.

  • Once a tiny fishing village in the shadow of nearby Hong Kong, Shenzhen is now a glittering metropolis of more than 12 million people. Along with other cities spread across Southern China's Pearl River Delta, it rose to prominence in the 80s and 90s as the world's factory floor, pumping out boatloads of industrial and consumer products. But today it's also widely known as China's answer to Silicon Valley, the home of tech giants like Tencent and Huawei. Shenzhen has become a magnet for ambitious young entrepreneurs seeking to take advantage of the city's position at the heart of global tech supply chains. It has produced startups like DJI.

    ——Inside China's Silicon Valley, by CNN

    Comment

    After decades of development, Shenzhen has become a city of innovation. The excellent business environment has been an important guarantee for Shenzhen's development. It has attracted many domestic and foreign enterprises to settle down there because of IP protection environment.

  • Transsion, one of China's biggest smartphone makers has never sold a handset in the country. Yet thousands of miles away, it dominates markets across Africa. Unknown in the West, Transsion has left global players like Samsung and Apple trailing in its wake in a continent that's home to more than a billion people.In the 2017-2018 Brand Africa 100 report, published by African Business magazine, Tecno ranked as the 7th most admired brand in Africa.

    ——The Chinese phone giant that beat Apple to Africa,CNN

    Comment

    The company took a different path to success from other top Chinese smartphone makers such as Huawei and Xiaomi, which started out in China before eventually expanding overseas. Transsion's rise reflects it's necessary for Chinese companies to explore a commercialization path that suits their own survival according to the market demand of different regions.

  • Chinese banks have started using micro-expression technology in an effort to spot the early signs of fraud in customers' facial movements. Ping An, the financial services conglomerate, has developed the technology and is using it in its lending businesses. Ping An's technology can identify 54 brief, involuntary micro-expressions, which the face often creates before the brain has a chance to control facial movements. They include eyeballs moving back and forth and rapid blinking, and often take place in only 1/15 to 1/25 of a second.

    ——Chinese banks start scanning borrowers' facial ticks, Financial times

    Comment:

    Applying innovative technology to traditional financial services will lead the business reform for Chinese banks. Continuously strengthening core technology research and focusing on independent intellectual property rights is the key to enhance competitiveness and create high-level platform of scientific and technological financial services.

  • China is developing a system that recognizes individuals by their body shape and walking movements. The new system, known as "gait recognition", is already being used by police on the streets of Beijing and Shanghai. The Chinese technology company Watrix developed the system. The company announced that it had raised $14.5 million to speed up the development and sale of the technology. The system works in a similar way to face recognition. Facial recognition systems identify the shapes and expressions on a person's face to identify them. Gait recognition uses a person's body shape and their way of walking to identify them.

    ——System Recognizes People From Body Shape, Walking Movements, by VOA

    Comment

    With many years of independent innovation, China's scientists make China stand on the top of the world in the field of gait recognition. Innovators need timely patent layout to protect innovation with IPRs.

  • Alibaba smashed its record for the online retail blitz known as Singles Day. China's biggest e-commerce company said sales topped $30 billion over a 24-hour period Sunday, soaring past last year's record of about $24 billion. Alibaba started offering Singles Day discounts in 2009 and has since turned the day into a 24-hour bonanza of online shopping in China. Other Chinese e-commerce platforms like JD.com and regular brick-and-mortar stores also take part. International companies flock to Alibaba's celebrity-studded live telecast and its various online platform. Imported goods make up a significant amount of sales.

    ——Alibaba Singles Day sales top $30 billion, by CNN

    Comment

    As China strengthened its protection on IPR, its business environment has been optimized gradually, attracting more and more foreign enterprises to participate in Singles Day. The Day already is not only a carnival of Chinese consumers, but also a global shopping festival.

  • A teacher shows a robot to children at a primary school in Japan. Remarkably, the school's robot was built by a start-up company in Shenzhen. "I like this robot because I need to activate all the brain cells," said A, an 11-year-old primary school student who is a big fan of the Chinese product. Chinese companies have expanded their business globally as demand for education robots continues to grow.

    ——China's smart robot startup opens up to western markets, financial times

    Comment

    China's intelligent robot enterprises recognize that independent innovation is closely related to the rise and decline of themselves. So they insist on enhancing core competitiveness by innovation, and constantly accumulating IP resourcese, so as to lay a solid foundation for venturing out.

  • On television, in plain robes before a screen of ancient symbols, he did not move from behind his table, letting his hands, eyes and voice paint scenes, characters, emotions, even abstractions. The young loved him as much as the old, and the government declared him an Inheritor of state-level Intangible Cultural Heritage. His fans called him "an eternal electric wave" and an evergreen tree. 

    ——Shan Tianfang: Tradition's voice, The Economist

    Comment

    As a cultural symbol of Chinese folk arts, Beijing Pingshu has been identified as China's Intangible Cultural Heritage by the Chinese government and well-protected. The inheritor Shan Tianfang left the world with profound memories.

  • The world is attracting talent. In China, there is a war for talent in dozens of cities. By issuing a series of "attractive" policies, they are trying not only to attract university graduates but also compete for high-end talent such as engineers, scientists and managers. This shows that more and more Chinese cities begin to value the role of talents in urban innovation and development.

    ——Some Chinese Cities Are Competing for Talent, The Wall Street Journal

    Comment

    In the era of knowledge-based economy, talents are the sources of innovation and cities in China should develop a system to retain talents as a way of attracting them, thus exerting full role of them in innovation development.

  • Internet search company Baidu has become the first Chinese group to join a US-led consortium established to devise safeguards for the development of artificial intelligence. The Partnership on AI, the brainchild of a handful of big US tech companies, was set up two years ago after the potential harm caused by artificial intelligence became a subject of widespread concern. These cover the impact of AI on jobs and the economy; the potential safety risks it poses; and ways of making sure the technology is fair, transparent and accountable.

    ——Baidu joins US-led AI consortium as inaugural Chinese member, Financial Times

    Comment

    The widespread development of AI warns us that it is necessary to pay attention to the potential impact of technology on society. Baidu's participation in the consortium represents the sense of responsibility of Chinese enterprises to contribute creative technologies to the society.

  • China, the world's largest mobile market by subscriber and network size, is determined to become the world leader in 5G wireless technologies, 5G networks are expected to be about 100 times faster than current wireless networks. They promise movie downloads in the blink of an eye and an explosion of new mobile services.

    ——How China Aims to Win the 5G Race, Fortune

    Comment

    It is difficult to separate the achievements China has made in telecommunications from its the emphasis on patent portfolio. How to win the competition in 5G wireless markets? It is crucial to constantly strengthen R&D and improve the standard of patent portfolio.

  • Tencent Music Entertainment is aiming to raise at least $2bn in an initial public offering, a smaller amount than anticipated. The music streaming company, which is being spun out of Tencent Holdings, China's largest internet and social media group, had been expected to raise as much as $4bn, although TME never publicly stated such intentions.

    ——Tencent Music aims to raise $2bn in US IPO, by Financial Times

    Comment

    In recent years, rapid rise of digital music platforms such as Tencent Music Entertainment is inseparable from the enterprise's attention to copyright protection. The firm is constantly working on copyright management as copyright climate of China digital music has been improved significantly.

  • Over the past few years, the country has been aggressively promoting TCM on the international stage both for expanding its global influence and for a share of the estimated US$50-billion global market. Medical-tourism hotspots in China are drawing tens of thousands of foreigners for TCM. Overseas, China has opened TCM centres in more than two dozen cities, including Barcelona, Budapest and Dubai in the past three years, and pumped up sales of traditional remedies.

    ——Why Chinese medicine is heading for clinics around the world, by Nature

    Comment

    Backing by a history of thousands of years, TCM is proud treasure of China. Improving and strengthening protection of IPR of TCM, will provide legal protection for TCM "going out", and promote innovative development of TCM.

  • There are about 3 million electric vehicles in the world, and about two-thirds are manufactured and used in China. At present, many pilot cities in China are using incentives and policies to promote electric vehicles. If China continues to send a quarter of new license plates to electric vehicles in the next five years, the total number of electric vehicles will increase by about 25 million to 30 million in the world. Electric vehicles may become a new source of employment and export earnings in China. 

    ——The future of electric vehicles depends on China, Financial Times

    Comments: 

    The new energy auto industry is developing with a promising market in China. New energy auto technology research and development especially battery technology breakthroughs, cannot live on without independent innovation and intellectual property protection.

  • Hong Kong, has seen a stampede, including the $3.1 billion IPO by Xiaomi Corp. and a planned offering by Meituan, the world's third- and fourth-most valuable unicorns. In the U.S., 17 Chinese startups filed with the Securities and Exchange Commission since March for a combined deal size of $3 billion; in Hong Kong, there were 27 candidates seeking an aggregate $10.5 billion, data compiled by Bloomberg show.

    ——Unicorns Are China's Innovative Cavalry in Trade War,The Washington Post

    Comments: 

    As an innovative cavalry in China's industry, Chinese innovative enterprises are making use of independent innovation capabilities and protection of intellectual property rights to enhance their diversification market competitive advantages, which is increasing rapidly during the process of "going out".

  • "I used to spend one or two hours every day watching people live streaming," said Xiao Zeng, a project manager for an asset management company based in Jinan, China. "But now, I rarely watch them anymore." The reason for his changing viewing habits: Short videos are taking China by storm. "On a weekday, I would often spend two to three hours watching those 15-second short videos. Over the weekend, I can watch up to five hours a day," Zeng told CNBC. Since last year, short videos have become one of the fastest-growing trends in China. Packed with music and special effects, they are usually fun and quirky for both their makers and viewers. 

    ——The biggest trend in Chinese social media is dying, and another has already taken its place, by CNBC

    Comment
        
    With the continuous expansion of short video industry, the problem of its intellectual property has become more and more prominent. The originators cannot work alone, but must work together to create a good short video copyright protection environment.

  • The country's manufacturers, retailers, and brand managers are increasingly sophisticated, from merchandising to product design to quality control. They know they cannot go head-to-head with, say, Louis Vuitton, but home-grown heroes such as Xiaomi and Huawei will gladly go up against the likes of Apple and Samsung. The mass market is increasingly dominated by local brands. 

    ——Is Chinese E-Commerce Moving Down Market? by Forbes

    Comment

    Thanks to the huge local market, Chinese brands have risen rapidly. Xiaomi, Huawei and other Chinese independent brands, relying on independent innovation and excellent product quality, have stepped onto the international stage and shine brilliantly.

  • Companies from China once again dominate Forbes Asia's Fabulous 50 List of the big companies in the Asia-Pacific region with a record 30 listees. The list also features 17 new entrants. Once again, the two most valuable companies on the list are Tencent and Alibaba. The Chinese Internet giants boast vastly greater market capitalizations and enjoy far higher profits than any of the other companies on the list. Tencent's net profit soared 71% last year to $10.6 billion, while Alibaba's climbed 49% to $9.7 billion. 

    ——Companies From China Dominate Forbes Asia's Fabulous 50 List, Forbes

    Comment:

    The continuous enhancement of innovative capacity and steady improvement of IP environment become the key factors for Chinese enterprises to venture out in the world. Seizing the opportunity, the Chinese enterprises' innovative development will expand.

  • Hutchison China MediTech has won Chinese approval for a closely watched new cancer drug in a significant boost for "made in China" medicine. The medicine is the first China-discovered and developed mainstream cancer drug to win unconditional approval following a randomized clinical trial. The green light shows the country's progress in speeding up drug approvals and underlines China's emerging role in biotech, as Beijing tries to move the pharmaceutical sector up the value chain from its traditional position making cheap generic drugs.

    ——Boost for "made in China" medicine as Chi-Med wins key approval, CNBC

    Comment:

    As self-developed drugs is highly cost, Chinese pharmaceutical companies' capability of independent innovation develops continuously due to China's in-depth implementation of the national intellectual property strategy and enhancement of IP protection. Chinese enterprises must pay attention to IP protection to gain substantial development.

  • Like Alphabet in the U.S., Baidu is also working on a host of other technologies. Employees now have the option of registering their faces, which they can use to get through security checkpoints and even pay for things like lunch or items at vending machines. Meanwhile, a small park on its campus is used to try out autonomous vehicles. This week, Baidu announced it will work with BYD — China's leading electric car maker, which is backed by Warren Buffett — to reach mass production of autonomous cars within three years. 

    ——Baidu works on a host of other technologies, CNBC

    Comment

    In recent years, Baidu's progress in scientific research and innovation has been remarkable. Many Chinese enterprises such as Baidu keep a foothold in the world through independent innovation, due to the favorable innovation environment which benefits by China's in-depth implementation of the national intellectual property strategy.

  • China's growing band of challengers to Tencent and Alibaba has added a new member to its ranks: an app that is taking aim at the messaging world dominated by WeChat. Zidan Duanxin is barely two weeks old but it has already become China's most downloaded free app in the Apple store, according to market data company App Annie. This has prompted WeChat, the Tencent-owned platform with 1bn user accounts, to improve its own voice to text translation, according to analysts.

    ——New Chinese messaging app Zidan Duanxin takes on WeChat, Financial Times

    Comment

    Instant message technology is regarded as important driving force in the future, many transnational internet enterprises have launched relative research in this sector due to the huge market. Chinese companies should improve independent innovation ability in order to be competitive in the market.

  • It single-handedly created a market of coffee drinkers in a national of tea lovers, who looked to Starbucks as an aspirational brand. The country quickly became the coffee chain's second-largest market after the United States. Recently, in a bid to revitalize its China operation, the company announced what it called a strategic “new retail” partnership with the Chinese tech giant Alibaba. 

    ——Starbucks Teams Up with Alibaba on Coffee Delivery, as It Tries to Keep Its Throne in China, by the New York Times

    Comment

    Thanks to its famous brand, Starbuck has become the second-largest coffee seller in China. The innovative cooperation between Alibaba and Starbuck can not only cater to Chinese market, but also consolidate both market shares in China. 

     

  • China hopes to become the first country to explore the dark side of the moon or the far side. The part that never faces Earth. China has a mission plan this year. One problem with exploring the dark side of the moon is that there's no easy way to communicate with whatever kind of vehicle people put there. The moon itself would block any signals coming from Earth. So to address that, China launched a satellite earlier this year that will hang out in the moon's orbit acting like a relay station between the Earth and the new rover that China's planning to send to the moon later this year. 

    ——China hopes to become the first country to explore the dark side of the moon, CNN

    Comment

    The continuous success of China's lunar exploration project has been a significant achievement in implementing the innovation-driven development strategy in the aerospace sector. In recent years, China's series of innovation breakthroughs not only have boosted its national strength, but also are amazing the world.

  • China's facial recognition start-ups are attracting big investments at a time when Silicon Valley's giants are facing a backlash over their use of the technology. In the past week, Chinese facial recognition companies, according to a pair of reports, were close to raising as much as $1.6 billion. Those investments would build on billions of dollars that investors have already put into the companies. The investments reflect facial recognition's embrace by Beijing, which has created a better environment for companies to test the technology than in the West. And that could help China deploy advanced systems faster and more broadly than America.

    ——China's facial recognition start-ups are attracting big investments, by The New York Times

    Comment
       
    Recently,thanks to its convenience and efficiency, the facial recognition technology has been well received by the public. Chinese companies enjoy the same power as some foreign giants in advanced technology, and even show muscle in some sectors. In the future, Chinese enterprises will continue to insist on innovation.

  • Top German carmakers including BMW and Volkswagen have inked a series of deals to continue developing electric and self-driving cars in China. Factories in China produced about 25 million passenger cars last year, according to the International Organization of Motor Vehicle Manufacturers. China is already the top market for many global car brands, and its drivers purchase more electric vehicles than any other country.

    ——China is owning the future of cars. German automakers want in, by CNN

    Comment
       
    China is one of the largest markets for electric vehicles, and has become the hot market of major global car-makers. China's home-made brands must seize the opportunity to attract a lot of attention.

  • It's been less than a year since Beijing cut back red tape on drug approvals and already Chinese patients can expect to get some breakthrough medicines before Americans. After decades of being starved of innovative treatments for serious conditions like cancer, diabetes and kidney disease, China's 1.4 billion people are becoming global pharma's prime target. They've got more medical insurance than ever and millions are paying out of their own pockets for western treatments that aren't covered. 

    ——To Get the Latest Drugs, Head to China, by Today

    Comment

    Cutting back red tape on drug approvals is a measure of China to improve people's livelihood. As self-developed drug is highly cost, difficult and has long cycle, only strict intellectual property protection can effectively guarantee the initiative of enterprises focusing on the research and development of original drugs.

  • China has launched a pilot program to replace farmers with robots, putting millions of people at risk of losing their jobs. The seven-year pilot, which is running in Jiangsu Province, features unmanned tractors, pesticide applicators, and rice transplanters. These technologies are not yet widely used in China. Millions of unproductive, polluting farms in China could be modernized through the program. 

    ——China is moving ahead with a huge robot farming pilot,by Business Insider

    Comment

    Innovation and intelligence agricultural equipment are of great importance in the course of modernization of agriculture.  At the same time, we need to accelerate the transformation of agricultural scientific and technological achievements into real productive forces.

  • The Silk Road setting feels timeless: an expanse of desert scrub below the Tianshan Mountains, where weather-beaten farmers herd flocks of sheep much as their ancestors might have done in Marco Polo's day. Rising up surreally in their midst, however, are the new landmarks of a modern development: the gleaming yellow gantries of the world's biggest dry port and the shopping mall towers of a duty-free zone the size of a city. 

    ——Follow the New Silk Road, by The Guardian

    Comment

    The Silk Road has come back to life and cities have risen up. History tells us that to open the door to a better future requires the joint efforts of all parties. The "Belt and Road" initiative is a route of innovation and opening up. Only by strengthening IP cooperation can we continue to write the legend of the Silk Road.

  • Tongling, China—Officials in this old mining town knew almost nothing about electric vehicles when a startup collected funds of $535 million in land and capital to build an electric-car plant here two years ago.  There are now 487 electric-vehicle makers in China, according to the latest official tally, and most are brand new. Singulato Chief Executive Shen Haiyin estimates that just 10% of today's EV startups will survive the next five years. Some auto analysts put the figure nearer to 1%. 

    ——China Has 487 Electric-Car Makers, and Local Governments Are Clamoring for More, by The Wall Street Journal

    Comment

    In recent years, China's electric vehicles industry has developed rapidly, and a number of electric car brands have sprung up. Facing the increasingly fierce competition, electric-vehicle makers should enhance independent innovation ability and build self-owned brands with international influence.

  • From PCs to smartphones, Chinese firms, such as Huawei, are outgrowing their home market and making their mark internationally. Midday naps for the workforce do not mean that Huawei is not a relentlessly aggressive competitor; it is one of a number of homegrown Chinese technology companies that are rapidly outgrowing their home market and are now seeking-or already achieving-dominance in the rest of the world. 

    ——The Chinese technology companies poised to dominate the world, by The Guardian

    Comment:
        
    In recent years, the world is impressed by more and more Chinese enterprises venturing-out. The enhancement of independent innovation ability and improvement of  IP awareness, has become one of the key factors for Chinese enterprises to keep a foothold in the world. 

     

     

  • One hundred and twenty Chinese companies have made it onto the 2018 Fortune Global 500 list, including a number of the country's big tech companies. The three countries with the most companies on the list are the US (126), China (120), and Japan (52). Companies are ranked by total revenues for their respective fiscal years. Chinese state-backed companies still show strong fiscal power, and private companies and tech giants are moving up the list fast. 

    ——Chinese tech companies climb up fast on the Fortune Global 500 list, by technode

    Comment:
        
    The rapid rise of China's enterprises' ranking benefits from the continual optimization of innovation environment and improvement of innovation ability. As the constantly rise of IP protection, more and more Chinese enterprises will step into the top 500.

  • Average prices for tea grown amid winding river valleys of Wuyi, in the north of Fujian province, have been growing at 10 per cent annually for the past decade, according to local farmers, due to rising demand for luxury tea from wealthy entrepreneurs. But this year price has accelerated to 20 percent due to a campaign by local officials to destroy illegally planted tea bushes, reflecting a general trend of increased environmental enforcement affecting commodity prices. 

    ——Wealthy Chinese consumers drive up price of luxury tea leaves, by Financial Times

    Comment

    As a product of geographical indications, Wuyishan Oolong Tea saw strong market demand, which not only increased the price of luxury tea, but also caused illegal planting, seriously affecting the brand value of Wuyishan Oolong Tea. The local government stepped up enforcement efforts, cracked down on illegal planting, which safeguard the brand value of GI.

  • China joined the world's top 20 most innovative economies for the first time while the United States fell out of the five top-ranked countries, according to a report released Tuesday by one of its co-sponsors, the U.N. intellectual property agency. The Global Innovation Index 2018 keeps Switzerland in the No.1 spot. The United States fell from 4th place in 2017 to 6th this year, while China jumped from 22nd to 17th in the rankings.

    ——China joins 20 most innovative economies, by The Associated Press

    Comment

    In recent years, China's progress in innovation has been remarkable. The rapid rise of China's ranking reflects China in-depth implementation of the national intellectual property strategy, and continuously strengthen the protection and application of intellectual property rights, so that the innovation environment continues to be optimized, innovation results continue to emerge, and the innovation index continues to climb.

  • China's shift from a country that copies ideas from the West to a tech and innovation powerhouse is no longer an aspiration — it's a fact. "China is changing from the so-called copycat nation to innovation nation," Jing Ulrich, managing director and vice chairman of APAC at JPMorgan Chase, told audiences at the RISE conference in Hong Kong last week. China's rise in technology has been spurred by the emergence of large companies such as Tencent, Alibaba and Baidu.

    ——China's shedding its copycat image with innovation after innovation,by CNBC

    Comment

    In recent years, Chinese enterprises rise sharply due to the enhanced innovation consciousness and the improvement of innovation ability towards science and technology. With the increasingly social competition, innovation undoubtedly becomes a good way to keep youth for Chinese enterprises.

     

  • Baidu made the announcement after building its 100th Apolong vehicle at its factory in the country's south-eastern Fujian province. It said the vehicles would initially be put to commercial use within Chinese cities but added it was also targeting foreign markets. The company is one of several competing to sell "level-4 autonomy" buses. The classification - set by the transport engineering body SAE International - refers to highly automated driving systems.

    ——Baidu's self-drive buses enter 'mass production', by BBC

    Comment

    Autonomous cars is regarded as revolutionary power of transportation. Chinese companies which develop this technology, should improve independent innovation ability and create IPRs in order to step into the world market and being competitive in the future.

  • Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons such as Dragon Ball and Naruto. Today, Zhang is one of China’s hottest cartoonists and at the forefront of a new wave of Chinese animation that is being driven by the country’s technology and internet giants. His latest hit comic  has been viewed 160 million times online. 

    ——Chinese anime rising as country’s tech giants engage in cartoon arms race to develop or buy Chinese characters, Reuters

    Comment

    Innovation plays a vital role in formulation of good animation works. Supported by the government and capital injection, and more and more business sectors realized the dual driven role of original and S&T innovation, the Chinese animation industry is booming in recent years. 

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