国内英语资讯:Yearender-China Focus: From follower to leader: China emerges at high-tech frontier_时事

国内英语资讯:Yearender-China Focus: From follower to leader: China emerges at high-tech frontier

Two years after its founding, Royole rolled-out one of its core products -- the world's thinnest bendable screens that if used on an iPad, would allow it to be folded into the size of an iPhone.

The company has filed more than 1,500 patents, and its products have been sold to more than 20 countries and regions.

Valued at over three billion U.S. dollars, Royole has become one of the world's fastest-growing tech "unicorns," new tech companies valued at over one billion dollars.

Besides fueling emerging industries, innovation is also transforming traditional sectors, which are under double pressure from developed nations' re-industrialization strategies and the mushrooming of lower-cost manufacturers in emerging economies.

"To remain competitive, we have to stick to innovation," said Zou Lei, chairman of Dongfang Electric Corporation, a state-owned company that manufactures power generators.

Data from the World Intellectual Property Organization (WIPO) showed last week that China dominated top economies in patent applications in 2016, with the number surpassing the combined applications of the United States, Japan, the Republic of Korea and Europe.

"China is increasingly amongst the leaders in global innovation and branding," WIPO Director General Francis Gurry said.

VIBRANT ECO-SYSTEM FOR INNOVATION

Driven by both global ambition and domestic needs for new sources of growth, China has been trying to make itself a country of innovators and emerge at the world's high-tech forefront.