Chapter 12　Innovation Ecosystem Advantage

China has reached a point where innovation is no longer a conceptual idea—an aspiration that would reflect the rising power and sophistication of the Chinese economy.In the coming decade，innovation will be a vital tool for China to raise productivity and sustain growth.Innovation will be key to retaining and extending China's competitiveness in global markets.At the same time，China can become a global center of innovation and its rapid，nimble approaches could be adopted around the world.A decade from now，the world may acknowledge a“China effect”on innovation.