Expect to see “Designed in China” labels replacing the more prosaic “Made in” variety..that’s the story in gist, as China makes inroads and goes upstream
The activity is focused on the market potential at the top of the food chain — what one industry watcher called the “creative, high-value intellectual-property industries.” The recent announcement by Intel’s China Technology Fund of its first VC placements in the country hint at this shift upward in venture funding for technological innovation.
China’s national and regional development agencies are accelerating their own efforts to promote homegrown up-market innovation and development in consumer electronics, digital media and the related creative industries — video games, animation, advanced computer graphics and multimedia communications.
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