Chinese economy


published: 19.07.2023

Assessing China’s quest for innovation

As the Chinese economy continues to decelerate, the central government is investing heavily in innovation, doubling down on research and development (R&D) spending and STEM-oriented human capital.

In this episode of The Sound of Economics, Giuseppe Porcaro invites Alicia García-Herrero and Robin Schindowski to discuss the challenges China faces, including three potential bottlenecks that might be hindering the translation of China’s innovation efforts into productivity growth, with a specific focus on whether Chinese growth can defy gravity.

This episode is part of the ZhōngHuá Mundus series of The Sound of Economics.
ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe.
Click to read all past editions of ZhōngHuá Mundus


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About the speakers

Giuseppe Porcaro

Head of Outreach, Governance and Human Resources, Bruegel

Alicia Garcia Herrero

Chief Economist for Asia Pacific at Natixis, Senior Fellow at Bruegel, Non-resident Senior Follow at the East Asian Institute, Adjunct Professor at the Hong Kong University of Science and Technology

Economist specialized in monetary and financial issues in emerging markets, banking crises and resolution strategies, financial development

Robin Schindowski

Research Assistant at Bruegel

Economist with a background in Chinese studies, specializing in China’s political economy and industrial organization