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China’s progress in innovation undervalued

Updated: Jul 25,2016 4:57 PM     english.gov.cn

China is not given enough credit for how far it has come as an innovator. And yet, over the next decade, China could become not only the place where global companies conduct research and launch new products, but also the source of a low-cost and nimble approach to innovation that affects competition everywhere.

-- Jonathan Woetzel, director of the McKinsey Global Institute

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