Overview: Innovation in China

Abstract

ABSTRACT In the last decade China has made major strides in developing and producing some world-class products: high performance computers, space exploration vehicles, and financial technology software and devices. Yet, China’s record in other key sectors (semiconductors, electric and autonomous vehicles, and smartphones is unimpressive). This article provides an overview of China’s efforts at increasing the speed and complexity of its domestically produced technical items, and summarizes the findings of a project at NYU’s Center on U.S. China Relations evaluating prospects for future innovation.