China : challenges and prospects from an industrial and innovation powerhouse

Abstract

China is on track to achieve global industrial leadership in key sectors 19.1 China is undergoing horizontal structural change to attain global leadership in new industries 19.2 Chinese patents and scientific specialisation converge the EU in natural and computer science but diverge in other areas 19.3 Chinese export and technological competitiveness move hand in hand 19.4 Expanding industries with the highest all-encompassing gains for the whole ecosystem Endnotes References List of tables and figures Acknowledgements Executive Summary Trade balance EU trade balance with China (gross) -14,672.20 -67,042.80 EU trade balance with China (in value added terms) -9,987.00 -49,167.20