A worker checks product quality at Gaoke Huaxing Electronic Technology, a high-tech company in Changzhi. [Photo provided to CHINA DAILY]
BEIJING: It is quite critical for foreign companies to continue to invest in technological research and development (R&D) in China, and there will be a lot of scientific discoveries and disruptions coming into innovation, says Denis Depoux, global managing director of Roland Berger.
Noting that China is accelerating steps to bolster the development of new quality productive forces, Depoux said: “What China needs is productivity, and that productivity comes from industry because that’s a big chunk of the gross domestic product of China.”
He said productivity was driven by innovation, automation and globalisation.
“What Chinese companies are super good at is usually adopting technology and making it practical,” he noted.
He made the remarks in an interview with China Daily at the ongoing China Development Forum 2025, which kicked off on Sunday in Beijing. — China Daily/ANN
