NATIONAL PRIORITY
In building its technological capabilities for innovation, China has embraced collaboration with international technology partners as a national priority. It has created structures of governmental agencies and processes, built research and commercialization facilities for incubating companies, and allocated resources to identify technologies needed by Chinese industry.
The newly created governmental agencies are empowered to reach out to international organizations with the potential to bring in-demand technologies into China. It is envisioned that the technology transfer process will occur through technology collaboration projects, joint ventures with local companies, relocation of foreign research and development companies ...
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