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High Tech and manufacturing in China. How High Tech is China today?. Some indicators that China is on route to becoming a world leader in science: China has the world’s fastest supercomputer. Yes, chips are made by Intel, but Chinese experts made them work together. - PowerPoint PPT Presentation
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High Tech and manufacturing in China
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How High Tech is China today?Some indicators that China is on route to becoming a world leader in science:• China has the world’s fastest supercomputer. Yes, chips are
made by Intel, but Chinese experts made them work together.• Chinese scientists developed the world lightest material ever.• In 14 years China went from having 1% of world’s gene
sequencing capability to almost having 50%.• National spending on R&D keeps on rising (18% from last year).• Patent filings are growing even at higher rates.• By 2020 China will produce more graduates than US and EU
combined.• In that year China will also publish more papers than the US.However it is also possible to have a different view:• A recent study estimates that only 10% of Chinese engineering
graduates meet international standard of employability.• China has been called a “fast follower”, swallowing others’
advances, quickly catching up but never leading.• China is driven by “techno-nationalism”, where China desires
to secure a “absolute (technological) advantage”.
Source: TWA & NESTA
Market Opportunities in ChinaSub-
sector
• Aerospace
• Automotive
• LED/SLL
• Semiconducters
• Medical equipment
• In almost all High-tech related sub-sectors there are opportunities in China and we find Dutch activitiy
Locatio
ns• Beijing/Tianjin
• Shanghai/Jiangsu/Zhejiang
• Guangzhou/Senzhen
• Chengdu upcoming in West-China
• Focus is 1st tier, but 2nd tier catching up
Ap
proach
• Technological collaboration on University level
• Multinationals
• Dutch group / cluster approach / PIBs
• Individual companies
• Production / WFOE – partnerships - JVs (minority stake)
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Manufacturing – new trends in this sector
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- Focus on development High tech- Up the value chain - Environmental issues start to play a stronger
role- Strong increase labor costs
- Growing automation in manufacturing processes - More focus on the domestic market
- More international collaborations- Collaboration/ownership European R&D
- ‘Branding’ is becoming more important (slowly)
China PMI 2012-2014
Source: Economist Intelligent Unit Source: Markit Economics
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Innovation Attaché / http://news.nost.org.cn/
• Research latest development Science and Technology in China• Mapping technology trends• Indentify potential knowledge partners• Set up contact with Chinese partners• Organize and support technology mission (group & individuals)• Provide advise on collaboration projects
Stay up to date on the latest tech news in China:http://news.nost.org.cn