Research and Development Working Group Position Paper 2019/2020 - 研发工作组建议书2019/2020 Go back »

  • Published on:
    2019-09-24
  • Category:
    Position Paper
  • by:
    Research and Development Working Group / Forum
  • Keywords:

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Research and development (R&D) involves the innovation, promotion and improvement of products and processes, pushing the limits of technology and continuously improving technological services and solutions. Companies use their R&D to quickly respond to societal changes and market demands for the development of cutting-edge products, while also significantly improving the country’s economic growth and ability to create jobs. R&D contributes to the development of emerging technologies, like artificial intelligence (AI) and the Internet of things (IoT), which can be applied in various industries to improve people’s lives, such as through increasing efficiency in manufacturing, improving diagnostic rates in healthcare and providing equal education for children living in remote areas. At present, innovation capability is regarded as key for China to avoid the middle-income trap and to enhance overall technological strength. The Research and Development Working Group believes that in order for China to reach its goal of becoming a world science and technology (S&T) power by 2049,1 it must strengthen global S&T cooperation and engage the international R&D community. The European Chamber’s Research and Development Working Group provides a platform for exchanging information, experiences and best practices among member companies and promotes dialogue and transparency in R&D policy. It was created to further develop the activities of the former Research and Development Forum, as members felt the need to engage directly with Chinese authorities at both the central and local levels. The working group is comprised of professionals directly involved in R&D operations, with representatives from more than 80 European multinational corporations (MNCs) that have R&D centres and large-scale R&D operations in China, with the majority located in and around Beijing and Shanghai. Various industries are represented in the working group, including automotive, chemicals and petrochemicals, information and communications technology, aerospace, energy, and pharmaceuticals.  

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