2002•Zhongguo jixie gongchengRequires access

China Western Great Development and Product Innovation Strategy

Zhang Shu

Abstract

After China becomes a member of WTO, Chinese manufacturing industry faced challenges and chances on product innovation and development. China maybe become a global manufacturing base due to the huge domestic market and lower production cost. How can China from global manufacturing factory transform to a strong economic nation-a long way to go for product innovation. Innovative product is as an engine of economic development. The processes and characteristics of product innovation and its management are discussed. Product innovation services as a new world wide business are introduced. At the end,education advancement for innovation is considered.

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Key concepts: China, Business, Product (mathematics), Product innovation, New product development, Innovation management, Industrial organization, Production (economics)