Abstract
China’s super innovation system and Chinese model were built up roughly in the period from the mid-1990s to the middle of the first decade in twenty-first century. This is also the period of Chinese catching-up. Building up such dual-structured Chinese model and China’s innovation system, which are compatible not only with the US leading liberal market economies but also with the Germany leading European coordinated market economies, supported the dual convergence of the Chinese economy toward the two types of advanced economy. FDI and technology transfer drove the dual convergence. Thereby the catching-up got fueled, with the dual innovative capacity and competitiveness being enhanced in the Chinese economy. The further long-term sustainable growth of the Chinese economy has then quickly been driven by its own engine. A remarkable success of China’s innovation follows up.
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Notes
- 1.
Foreign Direct Investment and Manufacturing Productivity in China 2002, p. 11. Internet publication: URL: http://www.bm.ust.hk/~ced/Yu%20CHEN.pdf [20.05.2005].
- 2.
The US-China Business Council 2003. Foreign Investment in China 2002, p. 2. Internet publication: URL: http://www.uschina.org/statistics/2003foreigninvestment.html [20.05.2005].
- 3.
Multinational Companies Adjust Strategies to China 2004, p. 2. Internet publication: URL: http://www.china-window.com/china_market/china_industry_reports/multinational-companies-a.shtml [23.05.2005].
- 4.
Multinational Companies Adjust Strategies to China 2004, p. 3. Internet publication: URL: http://www.china-window.com/china_market/china_industry_reports/multinational-companies-a.shtml [23.05.2005].
- 5.
US Commercial Technology Transfers to the People’s Republic of China 1999, p. 4. Internet publication: URL: http://www.bxa.doc.gov/DefenseIndustrialBasePrograms/OSIES/DefMarketResearchRpts/techtransfer2prc.html
- 6.
Foreign direct investment in China. Good prospects for German companies? China Special, 2004, pp. 1--3. Internet publication: URL: http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000178546.pdf [23.05.2005].
- 7.
NBS: China’s GDP grows 10.7% in 2006, Nation Bureau of Statistics, January 25, 2007.
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LIAO (廖春), C. (2021). Dual Structure and Dual Convergence Drove Chinese Economic Catching-Ups and Innovation Engine Is Sparked. In: The Governance Structures of Chinese Firms. Innovation, Technology, and Knowledge Management. Springer, Cham. https://doi.org/10.1007/978-3-030-52218-6_4
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