Technological rise of China
Delinda, Jokubas (2024)
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024100326008
https://urn.fi/URN:NBN:fi:amk-2024100326008
Tiivistelmä
Nowadays the most important topic and most discussed is about the technology, and the possibilities in the future. Decades ago, the country was not even mentioned in the technology field. Years passed and now China is one of the top world producers in the technology field. There are many reasons behind the successful growth, but no other country had managed to do it sorapidly and successfully. The research was done in 2024.
This research based, mix of both quantitative and qualitative analysis thesis analysed the technological rise of China. These methods were found out and summed up in the literature review. The aim was to find reasons behind technological growth of China, what led to it, and the possible future outcomes. To understand more in-depth this research, the author firstly decided to do the desktop research, then thematic and content analysis of academic research, to write and support the theoretical framework.
These results of the research showed the answers of three investigative questions and topics, firstly relating the key factors of the 21st century of China, investment strategies behind China technological growth, and the last one, the future prospects of China on the global level.
As a result of this research-based thesis, the main question and investigative question we’re answered. China from the early basis, starting with open-door policy, attracted foreign investors. By doing so, many western companies started to invest money here, build business. Then the investment started to rise, business part of manufacturing also and China became more important part of world of manufacturing. Also, sending students to study across the world, to bring new ideas, learn from new people, then coming back made a huge difference. Strategic thinking of the government, to learn from the technologies and start to try implement on their own led to the great development of the country. As their economical gap narrowed, China started to invest a lot of money in the research and development, building strong relationship with countries across the world and doing research projects leading to a win-win situation. Project planning introducing plans like “Made in China 2025” and being the global leader of AI by 2030, led the vision to work harder for the country. Technological giant appearance on the global map, and the growth rapidness, means only good and fast results for the country, to become a global leader and economic powerhouse.
This research based, mix of both quantitative and qualitative analysis thesis analysed the technological rise of China. These methods were found out and summed up in the literature review. The aim was to find reasons behind technological growth of China, what led to it, and the possible future outcomes. To understand more in-depth this research, the author firstly decided to do the desktop research, then thematic and content analysis of academic research, to write and support the theoretical framework.
These results of the research showed the answers of three investigative questions and topics, firstly relating the key factors of the 21st century of China, investment strategies behind China technological growth, and the last one, the future prospects of China on the global level.
As a result of this research-based thesis, the main question and investigative question we’re answered. China from the early basis, starting with open-door policy, attracted foreign investors. By doing so, many western companies started to invest money here, build business. Then the investment started to rise, business part of manufacturing also and China became more important part of world of manufacturing. Also, sending students to study across the world, to bring new ideas, learn from new people, then coming back made a huge difference. Strategic thinking of the government, to learn from the technologies and start to try implement on their own led to the great development of the country. As their economical gap narrowed, China started to invest a lot of money in the research and development, building strong relationship with countries across the world and doing research projects leading to a win-win situation. Project planning introducing plans like “Made in China 2025” and being the global leader of AI by 2030, led the vision to work harder for the country. Technological giant appearance on the global map, and the growth rapidness, means only good and fast results for the country, to become a global leader and economic powerhouse.