China is pioneering the creation of a central bank digital currency that is likely to be the first of its kind. If China succeeds in implementing a digital renminbi, it could generate significant economic and political dividends for Beijing, at home and abroad.
Technology
Power is often linked to military and economic strength, but technology and innovation are likewise critical to understanding how domestic resources are translated into policy outcomes. In the information age, countries must be able to use technology effectively in order to secure their national security objectives. Furthermore, a country’s ability to develop innovative products or methods of production enables it to generate new sources of wealth. To learn more about technology and innovation in China, explore our featured content below.
Does China Pose a Threat to Global Rare Earth Supply Chains?
China has established itself as the dominant global supplier of rare earths, a group of 17 minerals that are crucial to countless advanced technologies. China’s capacity to disrupt global rare earth supply chains has raised alarm bells in several major countries, but Beijing’s influence within the industry is likely to be eroded in the coming years.
China’s Power: Up for Debate 2019
ChinaPower hosted its fourth annual conference on December 4, 2019. The conference featured a keynote by Senator David Perdue and a postponed speech by Assistant Secretary of State David. R. Stilwell.
How is China Advancing its Space Launch Capabilities?
Conducting activities in space embodies the pinnacle of technological achievement. Only a handful of countries have the capability to indigenously launch payloads into space. China sits among this elite group, but closing the technology gap with more-advanced space powers will require China to make significant headway.
Is China Leading in Global Innovation?
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.
How Web-connected is China?
The internet has fundamentally transformed China. Internet-based technologies help drive China’s ongoing development, but they have also been used to clamp down on political dissidence. Learn more about the opportunities and challenges presented by the internet with this ChinaPower exclusive.
China’s Power: Up for Debate 2018
ChinaPower hosted its third annual conference on November 29, 2018. The conference featured Senator Edward J. Markey and Admiral Philip S. Davidson as the keynote speakers.
Is China Ready for Intelligent Automation?
The automation of processes and procedures with cutting-edge technologies, such as advanced robotics and artificial intelligence, has the potential to fundamentally change the global economy. As China looks to sustain economic growth, how it harnesses automation will be crucial to its long-term economic competitiveness.