Creating value through innovation

Editor's note: Premier Li Keqiang opens the 2014 Summer Davos in Tianjin on Wednesday. More than 1,600 participants from 90 countries are expected to attend the three-day gathering that will focus on innovation, entrepreneurship, science and technology. Below four participants look at ways value can be created through innovation and the use of new technologies.

Although there is still concern that technology is replacing jobs, in reality the opposite is true. Digitalization and greater access to technology provide new opportunities to boost global labor productivity, expand business reach and stimulate collaboration in ways that were previously impossible.

However, to fully realize the potential offered by the digital transformation and address the current talent shortage in China, employers and educators must collaborate with the government to develop talent with skills that match the roles transformed or created by technology.