Innovation runs from 5G wireless to wheels, wallets

From Alibaba to ZTE, Chinese companies have been making waves in innovation.

They are the types of companies that can rebut the outdated question of whether China can make its own stuff, or, more precisely, can innovate and turn that process into profits.

Forbes' 100 World's Most Innovative Companies for 2017 included six Chinese enterprises: No 4 Shanghai RAAS Blood Products (between No 3 Amazon and No 5 Netflix); No 24 Tencent; No 47 Kangde Xin Composite Material Group; No 55 Ctrip; No 60 Baidu; and No 82 Jiangsu Hengrui Medicine. These innovative companies also have the benefit of the world's largest market. For example, Tencent's WeChat reached 1 billion users this month.