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Friday, April 20, 2018
China should reevaluate its strategy of speeding-up localization
ANBOUND

In the area of technological innovation, there is no problem to seek to increase the localization rate. However, under the leadership of the government and driven by blind demand of over-speed and over-realization of localization requirements, it will result in insufficient localization. It is therefore necessary for China to summarize and reflect on its strategy of speeding-up localization. "False localization" is not an accidental phenomenon; China has spent so much money but achieved little at this critical moment, such situation cannot be continued.

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