China's IP in Foreign Eyes （2）
Reviews of the new iPhone 7 came out. The main problem Apple is facing at the moments is a slew of Chinese competitors that make high-quality phones. Given the new version of the iPhone doesn't boast any conspicuous upgrades, it could be that Apple's sagging fortunes in China continue in the short term.
——Apple's China Conundrum and Samsung's Recall Conundrum, The Wall Street Journal
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It is necessary for Apple to upgrade its iPhone. With the domestic handset makers continue to improve the capacity for innovation, Apple should further showcase its strength of creativity. Only to do this can Apple further expand market share.
The focus of investors in Asia-China and India in particular-reflects an increasingly decentralized reality in global technology investment. Asian banks, private equity firms, venture capital funds are willing to invest in domestic start-ups.
——Asian Tech Start-Ups Quietly Earn Backing, by The New York Times
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The development of start-ups cannot separate with the implementation of mass entrepreneurship and innovation. With the further improvement of China's IPR protection, the start-ups have a bright future in China.
The state-owned China National Chemical Corporation said on Monday that it had received clearance from a regulator in the U.S. for its $43 billion acquisition of Syngenta. The ChemChina has been an active buyer in recent years, acquiring more than a half-dozen companies in Europe, the Middle East and Australia. But if it is completed, the Syngenta purchase would be China's biggest foreign deal ever.
——U.S. Regulator Signs Off on ChemChina-Syngenta Deal, The New York Times
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This acquisition reflects that Chinese companies have made great progresses in product process and quality. After acquisition, ChemChina would acquire advanced seeds technologies, which would further improved its IPR capacity.
In fact, some of China's Internet companies, including Xiaomi, Alibaba and Cheetah Mobile, have started their international forays, which will intensify competition in the tech industry. U.S. Internet companies will learn and become more nimble in the process, which benefits consumers at the end of the day.
——Hugo Barra Of Xiaomi on the Company's International Plans, The Wall Street Journal
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China's Internet companies have strong ambitions in acquiring users on their platforms through many different types of innovative services. The competition environment is conducive to fast-paced innovation, increasingly providing a glimpse of how smartphones could be used by consumers in the U.S. and the entire world in the future.
Even as American companies like Google and Tesla work on autonomous vehicles, a number of Chinese companies are working on driverless car technology. The Internet company Leshi has a driverless car tech unit, and the Chinese carmaker Great Wall Motors has opened a research center in Silicon Valley.
——China's Companies Poised to Take Leap in Developing a Driverless Car, by The New York Times
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China's mass innovation and entrepreneurship is carrying out in full swing. With more and more entrepreneurs creating their own companies, they aggressively expand R&D area, and show their IPR strength on the international market.
Some 40% of all the e-commerce in the world takes place in China, making an e-commerce strategy for that market almost obligatory for international brands. But one of the chronic challenges in China is the problem of counterfeits and intellectual property (IP) rights. There are indications of improvement in China IP protection, but the main source of optimism is the same as the historic reason for pessimism: the role of Alibaba , China's leading e-commerce company.
——Alibaba Plays Pivotal Role In China's Intellectual Property Rights, Forbes
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In the past few years, more and more torts on IPR happened in e-commerce markets all over the world with the rapid development of e-commerce. For e-commerce giant like Alibaba, it is an obligation to enhance IP protection and make a health environment for e-commerce development.
China needs to avoid asset bubbles and support productive and innovative firms. Similarly, policies to promote continuous technological innovation and industrial upgrading can increase productivity. And measures that increase domestic research capacity – for example, by strengthening protection of intellectual property rights – can nurture innovation.
——Containing China's Slowdown, by Project Syndicate
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Strengthening protection of intellectual property rights plays important role in building an innovation-oriented country. China should put more in protecting intellectual property rights and improving innovation capability, to contribute to innovation-oriented country construction.
The purchase this week of Uber China by Didi Chuxing after a protracted competition shows that at least domestically, Chinese players can take on the most sophisticated and largest start-ups coming out of America.
——China, Not Silicon Valley, Is Cutting Edge in Mobile Tech, The New York Times
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China's tech industry-particularly its mobile businesses-has in some ways pulled ahead of the United States. Some Western tech companies, even the behemoths, are turning to Chinese firms for ideas. Even so, there is still a long way for China to go in the creativity.
WeChat is the best riposte to the condescending, widely held belief that Chinese internet firms are merely imitators of Western ones, and cannot innovate themselves. But it is not the only example. Alibaba kick-started Chinese e-commerce with the clever trick of holding payments in escrow, helping buyers and sellers establish trust.
——The Western caricature of Chinese internet firms needs a reboot, the Economist
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With the popularization of mass entrepreneurship and innovation, China has becoming a global leader in innovation. Besides Chinese internet firms, other industries in China would also show their innovative strength in the future.
China has entered a new era. A new generation of entrepreneurs defined by their youth and exponential growth nature has generated new energy and vigor into the country. Of course, in the process of innovation and entrepreneurial pursuits, only a few would succeed or succeed at the first try. But as long as these entrepreneurs do not break laws or defraud consumers, China's society now allows and welcomes trials and errors. This era — the era of China's entrepreneurs — is bringing forth real ground breaking times in China's long history.
——What Drives China's Innovation? By Forbes
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Innovation cannot be achieved merely by entrepreneurs themselves. It depends on the strength of the whole society. The campaign of mass entrepreneurship and innovation policy of China is to put in place a platform for everybody, and to create a broad space for crowd funding, crowd innovation and crowd sourcing. China is now facing the spring of innovation.
China has become a strong innovator in areas such as consumer electronics and construction equipment. Every year it spends more than $200 billion on research (second only to the United States), turns out close to 30,000 PhDs in science and engineering, and leads the world in patent applications (more than 820,000 in 2013).
——Gauging the Strength of Chinese Innovation, McKinsey Quarterly
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Following the existing technology and knowledge around the world for decades, China has been generally turning into a world innovation leader. To be a long-last champion, China shall seek more method to absorbing innovation strength. Improving patents quality more than quantity might be a bright way.
China dominates a biannual ranking of the world's 500 fastest supercomputers, called the Top 500, that was published on Monday. Not only does China have the world's fastest machine for the seventh consecutive time, it has the largest number of computers among the top 500——a first for any country other than the United States.
——China Tops List of Fastest Computers Again, by The Wall Street Journal
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Supercomputers are viewed in scientific circles as an indicator of national technology leadership. Intellectual property had played a vital role in the R&D of supercomputers. Supported by intellectual properties, China's supercomputers become more and more competitive in global market.