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INSIGHTS

Research and Industry Go Hand in Hand

The cooperation of government-led research and the high-tech industry is not new in the market. In China, this cooperation is about to get more obvious and close. This deeply influences the overall R&D capability of some Chinese high-tech industries in the future; security is also one of them. With Chinaˇs economy policy gradually becoming more market-oriented over the last 20 years, many n...
The cooperation of government-led research and the high-tech industry is not new in the market. In China, this cooperation is about to get more obvious and close. This deeply influences the overall R&D capability of some Chinese high-tech industries in the future; security is also one of them.

 

With Chinaˇs economy policy gradually becoming more market-oriented over the last 20 years, many national policies and strategies are also following this trend. Therefore, right around the 1990s, the Chinese government started reducing financial support of some research institutes strategically, especially some government-owned ones. This drove some research institutes to transform into privat...
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