Publication Details
Abstract
: China has seen a remarkable shift toward an innovative economy based on advanced technology and R&D (R&D) as key instruments of growth, the government has launched policies such as"made in China 2025" and the "New High-Quality productive forces" strategy, which has helped to promote advanced industries and diminish reliance on foreign technologies.
The shift to an innovative economy in China, in which the country has moved from a growth model based on low-cost production and exports to one based on technology and knowledge, is seen as key sources of value added. The Chinese government is focused on supporting research and development, building advanced industries such as semiconductors and electric vehicles, with policies geared to enhancing domestic capabilities and reducing dependence on the outside. The results indicate a sustained rise in R&D expenditure and a notable improvement in China's position within global innovation indexes, shown by increased productivity and the emergence of new economic sectors. However, challenges remain related to technical gaps in some areas, geopolitical risks, and the need to improve the IP protection environment. The research concludes that continued success requires balancing government support with market efficiency, and deepening international cooperation to ensure sustainable economic innovation growth.this research aims to study the dimensions of China’s innovative E.G., by analyzing the relationship between E.G. and innovation, challenges, and recommendations.