Is China leading the innovation race?

商业财经2020-09-29 12:13:46 55
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In recent years, a handful of Chinese companies have emerged as global innovators and have joint forces in order to achieve a unified goal. Zhejiang province, where internet giant Alibaba is located, just pledged a $17 billion commitment to driving technology over the next five years. This group includes companies such as Alibaba, Haier, Baidu, and Tencent. These companies are challenging the R&D strategies of foreign companies and are leaders in making ideas commercially viable, let’s discuss this topic today. 

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