Based on the success of the Special Economic Zones of the PRC, China has created Economic and Technological Development Zones with the purposes of building up high-tech industries.
In recent years, the Chinese Government launched measures to encourage foreign investment in the high-tech industry, including reducing the restrictions on foreign investment access and simplifying the foreign investment approval procedures and other relevant measures.
China is often touted to overtake the USA as a global AI leader in the coming years. However, recent developments point to the Chinese government’s increasing bid to control and regulate big tech companies. The new data law will compel companies to handle sensitive data with care.
With the development of the new generation of information technologies such as mobile Internet, Internet of Things, cloud computing, and big data, great changes have taken place in the manufacturing and organizational patterns of high-tech industries.
China’s AI and 5G technologies have reached the world’s leading level, and other technologies in the high-tech industry such as smart logistics and online payment have begun to take shape. China’s international influence in high-tech industries is gradually expanding and going through a rapid growth period.
- Our team have extensive experience and know about the importance of innovation and intellectual property in the high-tech industry.
- Azure Group China provides sound services to help clients deal with licensing and IP protection issues that they may face in this industry.