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China innovators

China innovators
Entrepreneurs and companies helping to lead the world’s second largest economy away from being the world’s factory into being one of its leading innovators and experimenters.
last updated:
9 September, 2024
A woman shops at a clothing store in Beijing, China, on October 18. Photo: EPA-EFE
China economy

Opinion | Why China will struggle to boost consumption

A system which emphasises stability and control will face challenges in uncovering the DNA of the Chinese consumer.

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Semiconductors

China must innovate in chip design or fall behind the global market, expert says

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China economy

Opinion | China pushes ahead on its long march to become a global tech leader

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China economy

Opinion | There’s hope for China’s economy, as long as planners can ‘let go’

Despite economic challenges, a commitment to reform and pre-emptive planning will ensure China’s fundamentals remain strong.

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A shopper examines goods at a supermarket in Tengzhou, Shandong province, on April 11. Photo: Xinhua
China-Africa relations

Opinion | How China’s middle class is creating a ‘green gold’ rush in Africa

Trade between China, Africa and the West is yielding mutually beneficial results, and Greater Bay Area cities could have a key role to play.

China economy

Opinion | The seeds of Deng Xiaoping’s legacy have yielded remarkable progress

Ambitious and rapid transformations in China over the last four decades have few historical parallels.

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China economy

Opinion | Overcapacity? China’s competitive edge lies elsewhere

Conversations about China’s industrial policy or overcapacity distract us from understanding what’s behind the country’s economic success.

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Illustration: Craig Stephens
China economy

Opinion | What lies behind diverging assessments on China’s economic strategy?

China has achieved economic success not just through repurposing Western technology but by rapidly upgrading and adapting it. Top-down management coexists with local autonomy and bottom-up innovation in the Chinese industrial ecosystem.

China economy

Opinion | How progress, not just profit, drives China’s approach to industry

Rather than being out to undermine economies around the world, China’s economic policy is based on foresight, efficiency and commitment to scale. Decoupling would not only disrupt supply chains but increase the cost of the global energy transition amid our ongoing climate struggle.

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Greater Bay Area

Global start-up accelerators and incubators set up Hong Kong branches

China’s ATLATL Innovation Centre and California-headquartered Founder Institute plan to bring start-ups from around the world to the city and invest in local ventures.

A general view of the Lok Ma Chau Loop in Hong Kong. Photo: SCMP/Martin Chan
China technology

China is boldly going where no one has gone before

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China economy

Opinion | How China’s unique value system underpins its prosperity and innovation

A new book by MIT professor Yasheng Huang suggests China’s political economy has long operated under a mix of autonomy and control. The nation’s development strategy has largely reached its limits and Beijing must now harness its innovative potential to spur its ‘animal spirits’.

China society

Editorial | Wahaha chief blazed trail for entrepreneurs

The beverage giant founder Zong Qinghou, one of China’s Mao era ‘sent-down youth’, cut a pathway for business leaders who followed as the country modernised.

Hong Kong economy

Can Hong Kong become a space hub? Possibly, experts say, but clock is ticking

City’s first satellite manufacturer, Uspace Technology Group, expects half of the units it produces annually will go to the Greater Bay Area, to spur digital transformation.

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Illustration: Henry Wong
Science

China, Japan and South Korea occupy top spots in scientific activity index

Three Chinese tech clusters made the top five, behind Tokyo-Yokohama, in the pre-release of the World Intellectual Property Organization’s rankings.

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China had 24 science-tech hubs in the global top 100. Photo: Xinhua
China technology

Editorial | Science fiction may become science fact

The jury is still out, but scientists the world over, especially in China, are working on the holy grail of superconductivity, with an eye to making it possible at room temperature.

Business of climate change

A Chinese start-up is turning yeast into alternative dairy products

Changing Bio has launched a range of dairy products such as whipping cream, cheese powder and ice-cream made from a microbial ingredient called Kluvy Protein, which has been approved by the Chinese regulator.

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Hong Kong healthcare and hospitals

Opinion | How Hong Kong can be a bright light in biomedical innovation

A pro-innovation healthcare system and favourable business environment could persuade multinational biotech companies to put more resources into Hong Kong. Collaboration is paramount and the Greater Bay Area should aim to be a pioneer in China.

Health Secretary Lo Chung-mau speaks at the opening session of the Asia Summit on Global Health at the Hong Kong Convention and Exhibition Centre in Wan Chai on November 10, 2022. Photo: Jonathan Wong
China economy

Editorial | Finally, our leaders are turning focus back to the economy

With the zero-Covid policy confined to the dustbin of history, China is eyeing growth in all sectors, from electric carmakers to e-commerce platforms.

China economy

Editorial | China powers ahead in electric car race

Manufacturers such as BYD, Xpeng, Nio and Li Auto have already conquered the domestic market for EVs and are fast becoming global players.

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Singapore

Singapore shines alongside China Olympics stars in Forbes’ 30 Under 30 list

A majority of the Singapore-based entrepreneurs selected from a record number of entries are not from the Lion City, underscoring the city state’s allure as a business base.

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Olympian Eileen Gu poses outside the Red Bull Racing garage at the F1 Grand Prix of Miami on May 07, 2022. Photo: AFP
Science

‘Innovation is shifting to East’ as China amasses patents: official

Applications to recognise inventions rise 30 per cent last year, agency says.

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China is seeking to transform itself into an intellectual property powerhouse. Photo: Shutterstock
Tesla

Tesla zeroes in on Beijing for design centre to build Chinese-style cars

Tesla plans to set up a design centre in Beijing to develop cars specifically for the Chinese market, stepping up plans to consolidate its foothold in the mainland.

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United States

Arkansas professor pleads guilty to lying about China patents

Simon Saw-Teong Ang pleaded guilty to one count from a 58-count federal indictment for failing to report to the university 24 patents he filed with the Beijing government.

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China manufacturing

Rise of the machines: China’s struggling industries embrace automation

Pandemic-led manufacturing export boom, concerns over China’s rapidly ageing society and a desire to save money have all contributed to the trend of replacing workers with machines.

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By 2050, China’s industrial robotics density is expected to reach 37 units for every 1,000 people, according to a state-funded study. Illustration: Henry Wong
Greater Bay Area

Opinion | Hong Kong universities can help lead Greater Bay Area’s innovation push

With five universities ranked in the world’s top 100, Hong Kong can fuel regional growth through innovation, research and education. Its capacity for world-class education and research will help preserve the city’s global status and add value to the region.

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Hong Kong Science Park in Pak Shek Kok on October 6. The city’s world-class universities and innovative start-up culture make it well-poised to add value to the future of the Greater Bay Area. Photo: Winson Wong
Millionaires and billionaires

Beike names CEO Peng Yongdong as new chairman following Zuo Hui’s death

Peng Yongdong, the co-founder, chief executive and executive director of Beike Zhaofang, which is also known as KE Holdings, has been appointed as the company’s new chairman following the death last week of Zuo Hui, the company’s founder.

Icons and Influencers

Cheese-topped tea? How Nie Yunchen milked millions from quirky drinks

After watching in disbelief as youngsters queued up for tea made with paltry powdered milk, ‘Neo’ opened his first real milk tea shop in 2012 – now he boasts 450 branches (and a US$600 million fortune)

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