🌍 China and the U.S. are neck-and-neck in scientific talent, but Beijing’s ability to turn ideas into real-world products is unmatched, says British economist John Ross. In a recent interview, the former London policy director highlighted China’s ‘innovation engine’ as a key driver of its global economic rise.
💰 Investment Meets Ambition
Ross noted that China invests twice as much as the U.S. in absolute terms on R&D, giving researchers ‘rocket fuel’ to commercialize breakthroughs. ‘Scale matters,’ he said, pointing to China’s EV sector, which went from minor player to world’s top exporter in just six years. 🚗⚡
🌱 Green Tech for the World
Dismissing claims of ‘over-exporting,’ Ross argued China’s affordable solar panels, batteries, and EVs are ‘slashing global green transition costs.’ He called fears of a ‘China shock’ overblown, emphasizing collaboration over competition.
📈 Steady Growth Ahead
Despite 2026’s geopolitical uncertainties, Ross remains bullish on China’s economy, praising its ‘pragmatic mix of state direction and market dynamism.’ For young professionals and entrepreneurs, his message is clear: watch this space. 🚀
