China's IP in Foreign Eyes （4）
China aims to become a world leader in advanced industries such as semiconductors and in the next generation of chip materials, robotics, aviation equipment and satellites, the government said in its blueprint for development between 2016 and 2020.
——China Lays Out Its Vision to Become a Tech Power, by Reuters
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Innovation is the primary driving force for the China's development. Through independent innovation, China is hoping to make traditional areas of the economy more advanced and efficient, helping transition to a growth model that is driven more by services and consumption than by exports and investment.
China's Xiaomi has unveiled the ceramic-cased Mi5 Android smartphone. Xiaomi executive Hugo Barra said the Mi5 would be the first phone to feature Qualcomm's Snapdragon 820 processor. Xiaomi had also secured 21 patents of its own for its display technologies, mostly in China, although one had been in the US.
——MWC 2016: Xiaomi Unveils Ceramic-Backed Mi5 Smartphone，by BBC News
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Intellectual property had been a weakness of Xiaomi to expand overseas market. In recent years, Xiaomi begin to put a high value on research and development, and the release of Mi5 shows that Xiaomi's innovation-oriented strategy have obtained preliminary results.
Huawei has made a bold prediction, saying it plans to surpass Apple as the second-biggest smartphone player in the world in three years and leapfrog Samsung by 2021. By most measures, Huawei has its work cut out for it. The company shipped 108 million smartphones in 2015, exceeding its own expectations with a 44 percent increase in sales, compared to 2014.
——Huawei: We'll Leapfrog Samsung, Apple in Market Share, by CNBC
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After seeing solid growth in its smartphone shipments last year, Huawei has reason to be confident that it can unseat its rivals. Owing to brilliant R&D capbility and good IPR layout, Huawei become more competitive in global smartphone market.
Many industry experts believe that a new era of Chinese innovation in bio-pharma may be soon upon us. The excitement of pharmaceutical executives and investors at the recent BioCentury China healthcare conference was palpable, fueled by a flurry of new measures announced by the China Food and Drug Administration (CFDA), following guidance by the State Council.
——This is What Industry Experts Told us About Pharma Innovation in China, by McKinsey
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CFDA have taken a series of measures to promote bio-medical as a strategic industry. Changes at the top of the CFDA, real efforts to clear the backlog of new drug applications, the continuous wave of returning talent, and improving funding conditions are indicators that China is well on its way to becoming a biopharma innovation powerhouse.
China plans to launch some 40 Beidou navigation satellites by 2020 to support its global navigation and positioning network, which will provide global coverage with positioning accuracy of less than 10 metres and timing accuracy of 20 nanoseconds. Major navigation systems, such as the US-based GPS and Russia's GLONASS, use about 24 satellites, but Beidou, with 35 satellites, will be more accurate after it achieves global coverage.
——China to launch about 40 Beidou satellites by 2020, by the Times of India
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With more and more satellites launched, the independent research and development positioning system, Beidou Navigation System has shown a promising application prospect, which may play an important role in areas like national security, maritime transport and scientific research in China .
Alibaba Group Holding Ltd. has hired a fakes-busting veteran to a new anticounterfeiting role. Matthew Bassiur will join Alibaba as vice president, head of global intellectual property enforcement. An Alibaba spokesman said Mr. Bassiur will help develop the processes for the company's global anticounterfeiting efforts.
——Alibaba Names Head of Intellectual Property Enforcement, by Wall Street Journal
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Counterfeit goods are a problem for Alibaba. U.S. trade officials have warned Alibaba twice last year about fakes on its sales platforms Taobao and Tmall. Bassiur's appointment is the latest step in Alibaba Group's efforts to fight counterfeits.
Yet the country has birthed some of Asia's largest and most well-regarded technology corporations, from social media and gaming giant Tencent Holdings Ltd. to e-commerce leader Alibaba Group Holding Ltd, whose scope and scale outstrip those available in the U.S. "In the next five years, there will be more innovation, more invention, more entrepreneurship happening in China, happening in Beijing than in Silicon Valley," Kalanick said at the "Geekpark" conference in Beijing Friday.
——Uber CEO Says China to Soon Surpass Silicon Valley in Innovation, by Bloomberg
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By improving the research capacity and exploring the global market, China's high-tech firms found a place in global market. Benefiting from the massive domestic market and innovative circumstances, the innovation ability of China may surpass the Silicon Valley in the future.
At the annual North American International Auto Show, Even the smallest auto companies are flourishing in the booming American market, none more so than the tiny Chinese-owned, Swedish-run luxury brand Volvo. Volvo showed off a new sedan, the S90, and won recognition for its flagship sport utility vehicle, the XC90, as the best truck introduced in 2015.
——Volvo Makes a Comeback, with a Detour through China, by Wall Street Journal
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Under Geely, Volvo has emphasized the brand's long reputation for safety and quality and its distinctive Swedish styling, which made this brand and Geely have all gone on and have really started to flourish. With renewed technology and designs, Chinese automakers will sit on better position to compete with global competitors.
Recently, the China National Chemical Corporation said it would buy the KraussMaffei Group, a German Manufacturer of plastics and rubber processing machinery, for about $1 million. The acquisition would help China's biggest chemicals company upgrade its expertise in manufacturing plastics and rubber, the company said in a statement.
——ChemChina Buying KraussMaffei, a German Machinery Company, for $1 million, by Wall Street Journal
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In recent years, Chinese companies are set off a wave of overseas M&A trends. It should be noted that, foreign companies with leading-edge technologies and competitiveness in the international market often become the first choice of overseas mergers and acquisitions. With the advanced technologies, KraussMaffei would contribute significantly to ChemChina's business.
The Buick Envision crossover made in China will go on sale next summer, helping to fill ravenous demand in the U.S. for smaller SUVs. But the Buick is coming despite resistance from the United Auto Workers Union that wants it produced in the U.S.
——USA TODAY, GM's Buick SUV will be first to be imported from China
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China has become the world's most popular car market, which enables Chinese automakers continue to focus on technological innovation and intellectual property protection. GM SUV's exports to the US domestic market also shows that, as the representative of "Made in China", Chinese automakers must further strengthen technological innovation and intellectual property protection on the way to march to the world.
Alibaba Group Holding Limited (BABA) said it will buy the South China Morning Post, the most widely circulated and oldest English newspaper in Hong Kong. The deal also includes a magazine, digital media ventures and other media properties owned by SCMP Group Limited, the company that owns the Morning Post.
——USA TODAY, Alibaba to buy South China Morning Post
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At present, it has become a trend that more and more newspapers are acquired by investors with deep pockets. Hong KongWIPO report: China driving growth in global patent filings rise
Chinese mobile phone maker Huawei has thrown down the gauntlet to Apple, Samsung, Xiaomi and other rivals. It's called the "superphone." By around 2020 or so, Huawei says, the superphone could start replacing smartphones. The arrival of the superphone, Huawei says, will coincide with next-generation 5G wireless networks as well as the Internet of Things, or IoT.
——China's Huawei Racing Apple To Develop ‘Superphone' by Investor's Business Daily
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Putting high value on R&D and patent layout, Huawei have had a place in the highly competitive smartphone market. Now, Huawei expects to stand on the innovation frontier of mobile phone and takes the lead in making them versus Apple, Samsung and others.