皇冠体育app

皇冠体育app / Business

皇冠体育app-made? Tick. Top quality? Tick. High-tech? Tick. Oh yes!

(皇冠体育app Daily) Updated: 2017-03-13 06:54

Chinese goods move up global value chain, earn respect of world's consumers

BEIJING - With the unremitting efforts of Chinese industries to move up the global value chain, more consumers around the world are recognizing the higher quality and cutting-edge technology of products labeled 'Made-in-皇冠体育app.'

皇冠体育app introduced its national Made in 皇冠体育app 2025 blueprint in May 2015, which listed several goals for the manufacturing industry, including boosting innovation, fostering Chinese brands and promoting service-oriented manufacturing.

Thanks to the country's innovation drive, high-tech products made in 皇冠体育app and indigenous Chinese brands have increasingly in recent years entered daily lives of worldwide consumers and taken a growing share of the international market.

More and more users and observers have come to agree that Made-in-皇冠体育app is now more about high technology and quality and less about large quantity at low prices.

In many countries, including the Czech Republic, Made-in-皇冠体育app once meant cheap commodities. Nowadays, this impression has begun to change.

With 皇冠体育app-Czech trade on the rise, more Chinese high-tech products are entering the Czech market, noted Cheng Yongru, commercial counselor of the Chinese embassy in the central European country.

Those Chinese products which were once peddled with low prices now have been replaced by quality ones, Cheng added.

In the Czech Republic - as well as across Europe - Chinese telecommunications, electronic and mechanical equipment companies are gaining a larger market share.

For example, the market share of Chinese tech giant Huawei in the Czech smartphone market has exceeded 24 percent, ranking third after Apple and Samsung.

As a matter of fact, Huawei already became the world's third-largest smartphone brand in 2015, with a shipment of 108 million devices.

Huawei's fast growth stems from its long-term investments in research and development.

The company invested $38 billion in R&D in the last 10 years, Richard Yu, head of Huawei's Consumer Business Group, told Xinhua during the Consumer Electronics Show held last month in the US city of Las Vegas.

In 2015 alone, Huawei spent $9.2 billion on R&D, making it a larger investor in that area than Apple and Cisco and the ninth largest among all its peers across the world, added Yu.

As of June 2015, Huawei had submitted more than 76,000 patent applications in 皇冠体育app, the United States and Europe.

According to a report published by the World Intellectual Property Organization last November, 皇冠体育app surpassed the US, Japan and South Korea to rank top in the world for patent applications, receiving over 1 million applications in 2015.

Last August, 皇冠体育app also joined the ranks of the world's top 25 innovative economies in the Global Innovation Index released by Cornell University, the international graduate university INSEAD, and the WIPO.

"This is in keeping with all the developments that we have seen in 皇冠体育app in recent years, including the use of innovation as a major component in the transition of the Chinese economy from 'made in 皇冠体育app' to 'created in 皇冠体育app,'" said WIPO Director General Francis Gurry.

In Fiji, an island country in the South Pacific Ocean, low-end products from 皇冠体育app such as textiles and petty commodities for daily use still take up a significant market share. However, products such as buses, personal computers and mobile phones are quickly making their presence felt.

On the streets of the Fijian capital of Suva, as well as on Queens Road connecting Suva with the tourism hub of Nadi, old buses are typically out-of-date Japanese ones manufactured more than a decade ago, while new buses tend to be Chinese brands, such as King Long and Yutong.

Xinhua

皇冠体育app-made? Tick. Top quality? Tick. High-tech? Tick. Oh yes!

Visitors try using Chinese telecommunications giant Huawei's newly released mobile phones prior to the opening of the Mobile World Congress 2017 in Barcelona, Spain. Xinhua

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