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Investing in innovation

By Zhang Monan | China Daily | Updated: 2013-04-11 08:01

Investing in innovation

China should divert foreign capital to core technologies and manufacturing activities with high added value

Globalization has made it impossible for any individual country to produce completely independent innovations or dominate innovations by monopolizing all resources and technologies for such activities.

Therefore, China should try to take advantage of the dividends brought about by globalization to facilitate its struggling transformation into an innovation-driven economy.

Investing in innovation

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