Global leaders in innovation produce the discoveries that shape the modern world. An economy’s capacity to innovate is dependent on a variety of factors, including its commitment to research and development, the quality of its workforce, and the effectiveness of government institutions.
The prosperity of any economy relies on a variety of factors that drive productivity. One way of measuring these elements is by examining competitiveness. This feature uses data from the World Economic Forum to assess China’s competitiveness in terms of the institutions, policies, and other components that support its economic output.
China is seeking to improve educational quality and increase access across the country. A well-educated Chinese workforce can bolster China’s technological and scientific development and thus strengthen the country’s position in an increasingly innovation-based global economy.