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While China is gradually reducing market access barriers in many sectors, it simultaneously increases import restrictions in areas of high strategic importance. Med-Tech is a prominent example: To reduce the high dependency on imports, China’s government emphasizes “import substitution” in the high-end med-tech market through directives such as “buy China” and “indigenous innovation” policies. Aligned with China’s overarching industrial strategy, digitalization is an essential part of innovation policy in med-tech, illustrated by the rapid development of online hospitals and remote diagnosis in China.
By Redaktion Table
China and Russia could start the construction of their joint lunar base much sooner than expected. The fact that the two nations are cooperating ever more closely in space is also a reflection of world politics.
By Redaktion Table
Germany is stepping up its monitoring of investments from abroad - and here it usually means its big partner and rival: China. But the need for control and security can take its toll if bureaucracy becomes an obstacle to investment.
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