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Journal of Foreign Legislation and Comparative Law
Reference:

Sevalnev V.V. Development of the Innovative Sector of the People’s Republic of China

Abstract: The article provides in-depth analysis of major trends and directions of development of innovative sector of the PRC. It is noted that China’s leaders recognize the innovative development as a priority in the ongoing modernization of the state. It is no accident that in recent years, innovative sector of China has received a substantial qualitative and quantitative development. Across China there are large state-owned long-term innovative programs, major innovation centers, technology parks, laboratories, scientific and technological development are developed and successfully operated. The author highlights the success of the Chinese experience in this area, which is very useful for its borrowing and in our country.

Keywords:

comparative law, innovation sector, innovation, the subjects of innovation, tax credits, PRC.

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