What to expect from China's innovation drive?

China is investing heavily in science and technology: from 2011
to 2021, internal R&D spending jumped from 869 billion to
2.79 trillion Yuan. What has been the effect of this increase,
and is it commensurate with the amount of spending? Giuseppe
Porcaro sits down with Alicia Garcia-Herrero, Reinhilde Veuglers
and Naubahar Sharif, to discuss the innovation system in China,
the strengths and weaknesses of its state-led R&D strategy,
and what lies ahead for the international situation where
geopolitics seems to overshadow cooperation. 

This episode is part of the ZhōngHuá Mundus series of The Sound
of Economics.



ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly
analysis of China in the world, as seen from Europe. Sign up now
to receive it in your mailbox!