Home>Top Issues

Expert: High-speed rail shows how policy can boost industry

Monday,Dec 19, 2016

From: China Daily

 

Gao Bai gives a speech at the symposium and book launch event held at Center for China and Globalization (CCG), a think tank, in Beijing, Dec 13, 2016. [Photo provided to chinadaily.com.cn]

China’s high-speed rail best exemplifies how the country’s policy can boost the development of an industry, said an expert at a symposium and book launch event held at Center for China and Globalization (CCG), a think tank, in Beijing on Tuesday.

Gao Bai, a Duke University professor and a CCG’s academic board member, said that is one of the main viewpoints of his co-authored book High-speed Rail: An Analysis of the Chinese Innovation System.

"In the case of China’s high-speed rail, the government both controlled market access and encouraged competition, which proved very successful. Market access limits the number of participants, helping the top two high-speed rail manufactures, China South Railway (CSR) and China CNR Corporation Limited, get advantage in negotiations with foreign companies. And fierce competition in innovation between the two rail moguls boosted the overall development," said Gao.

Gao also highlighted that China’s high-speed rail technology is best example of integration of independent innovation and technology import, each aspect indispensible in the process.

His opinion was seconded by other scholars attending the symposium, including Zhao Gang, a researcher from Chinese Academy of Science and Technology for Development, and Lyu Tie, a researcher from Chinese Academy of Social Sciences.

Scholars also proposed that innovation can benefit from cooperation between companies and universities. They hoped that academic circles would pay more attention to empirical studies.(By Jin Dan)

From China Daily ,2016-12-14

 

  • China unveils first book series on human resource development

    “Foreign Talent Development Series” book project which started in 2013 and concluded at the end of 2017 is the first time that China systematically and comprehensively introduced the implementation and development of the scheme, according to Wang Huiyao, founder of the think tank Center for China and Globalization (CCG).

  • Alibaba bets on global ambassadors for a cosmopolitan touch

    Many Chinese firms are expanding overseas and Alibaba hopes that half of its revenue will come from international business soon. “A big challenge for expansion is lack of understanding between China and other countries,” said Brian Wong, vice president of the Alibaba Group in charge of global initiatives.

  • China ‘not afraid’ of trade war with Trump

    Beijing condemns new US tariff threat and warns of ‘comprehensive countermeasures’.

  • Laurence Brahm: Quality over quantity: China re-inventing itself

    Cities across China are opening innovation incubation centers, shared work space, alongside their plans for driving smart, green and blue infrastructure and transport systems.

  • Wang Huiyao: G20 summit stresses unity and inclusiveness

    Europe needs close engagement with China on the global management of climate change and the preservation of an open trading system, while the US needs China to deal with North Korea. This multi-polar relationship puts China at the very heart of the international system, with an essential role in framing the international agenda while assuming new responsibilities.