In the News

Can China Transition to a More Innovative Economy? (East Asia Forum)

Nov 8, 2017

East Asia Forum published an article co-authored by IFPRI-China’s Xiaobo Zhang analyzing prospects of Chinese economy’s transition to an innovation-based economy. In the article, Zhang argues Chinese firms have become increasingly more innovative driven by the global market expansion and rising labor costs as indicated by the growth of patents granted to Chinese firms, both at home and in the United States.