FT商学院

China’s innovation paradox

Industrial policy has delivered impressive technological gains without productivity growth

This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters

Welcome back. China’s state-driven ascent towards global manufacturing and technological leadership is remarkable.

However, as industrial policy gains favour among governments worldwide, this week I explore a telling contradiction in Beijing’s model: impressive innovation coupled with little meaningful productivity growth.

您已阅读7%(559字),剩余93%(7935字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。
设置字号×
最小
较小
默认
较大
最大
分享×