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China Aims To Move Up the Food Chain

Posted by kdawson on from the empty-the-cage-and-remove-the-bird dept.

krou notes reporting in the Christian Science Monitor that the current economic crisis is helping China's push into higher-end manufacturing by shaking out low-profit companies. The hope is that, instead of just assembling iPods, Chinese companies will be able to invent the next big thing instead. In this move China is following the well-worn path taken by Japan and the Asian tigers before it. "Last month, the National Development and Reform Commission announced revised plans to transform Guangdong and neighboring Hong Kong and Macau into a 'significant innovation center' by 2020. One hundred R&D labs will be set up over the next three years. By 2012, per-capita output in the region should jump 50 percent from 2007, to 80,000 yuan ($11,700). And by 2020, the study predicts, 30 percent of all industrial output should come from high-tech manufacturing."

6 of 257 comments (clear)

  1. innovation starts now by wardk · · Score: 5, Funny

    I look forward to the new and inventive ways to hide toxins in consumer products.

    1. Re:innovation starts now by Patch86 · · Score: 5, Funny

      You know that lead poisoning makes people go crazy, right?

      That might explain an awful lot. When was Bush born again?

    2. Re:innovation starts now by EggyToast · · Score: 4, Funny

      Lead affects cognitive ability, which perfectly explains why our parents have such a hard time with computers.

  2. Re:great by mikael · · Score: 4, Funny

    From the font I am using, it looks you are learning Swedish shorthand...

    --
    Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
  3. Re:Culture by sesshomaru · · Score: 4, Funny

    How does a society that historically repressed individuality (aka "thinking for yourself") overcome these traditions and start to innovate (aka "thinking of NEW things")?

    Yes, much like those repressed, authoritarian Germans, I don't think we'll ever have to worry about innovation coming from such societies.

    --
    "MIT betrayed all of its basic principles."
  4. Re:great by endikos · · Score: 4, Funny

    A møøse bit my sister once...