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Made in China 2.0 and Beyond

Sven Agten ()

Chapter Chapter 8 in Adventures in the Chinese Economy: 16 Years from the Inside, 2021, pp 137-159 from Springer

Abstract: Abstract Where China used to be associated with “Made in China” low-quality products, innovation and an increasing focus on high-tech are all the rage now. “Designed in China” is increasingly becoming a reality, and Chinese products are now competing on quality and price directly with their foreign competitors. In many sectors, China is taking a leading role in innovation, while in others it still needs to do a lot of catching up. But as a result China is rapidly becoming a tech superpower, and a mass patent developer. IP-laws are becoming more stringent and where foreign companies had a monopoly on innovation, their tech supremacy is now eroding at breathtaking speed.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-1167-4_8

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DOI: 10.1007/978-981-16-1167-4_8

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