| Description |
"Undisputedly, China has become the world's manufacturing powerhouse, accounting for more than two-thirds of the world's output in DVD players, children's toys, and microwave ovens, as well as half of all personal computers, digital cameras and kitchen appliances. However, China is not only a low-cost manufacturing country, it is also in the process of transitioning towards becoming a major source of global innovation, by creating pioneering new business models and policy frameworks alongside th |