Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.Donate
China’s innovation competitiveness is a hotly debated question, one that is now hugely amplified by the US-China trade conflict and the specter of possible technology restrictions impacting operating conditions for MNCs both in China and internationally. This report assesses China’s intangible investment performance, a proxy for innovation spending at the aggregate economy level. The data show that China is investing significantly above average in intangible assets for its stage of economic development. But – China’s intangible investing is not yielding the expected returns on investment that other countries typically achieve with similar investments.