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• W219477218 abstract "China is taking steps to respect the obligations concerning intellectual property and contractual agreements to which all members of the World Trade Organization must adhere. This was made evident at a forum for senior technology executives held by the Industrial Research Institute (RTM's publisher) in Shanghai in April 2002. People's Republic of China (PRC) was allowed to accede to the Marrakesh Agreement establishing the WTO on Nov. 10, 2001, almost 13 years after its application. At that time, Premier Zhu Rongi said China's entry into the WTO indicated that his country's opening up had entered a new stage. On March 25, 2002, he told People's Daily Online, We need to actively participate in international economic cooperation and competition on a broader scale and in greater depth and complete our tasks for the first year of China's membership in the WTO. Two weeks later, Li Ming Jun, Vice Chairman of Shanghai Municipal Council for Science and Technology, told the IRI forum, We will observe the WTO rules, as he summarized the latest enhancements to his city's already attractive innovation climate. major thrust of the WTO membership protocol will reduce tariffs (from 24.6% to 9.4%, on average, for U.S. products) and eliminate quotas and licenses within five years, thus further opening Chinese markets to foreign goods. But Zhu also called for encouraging foreign businesses, especially transnational corporations, to set up research and development centers in China. In addition to this high-level encouragement, the primary impact of WTO accession for foreign R&D organizations will be a positive change in the PRC's commitment to fair enforcement of its Contract Law of the established in October 1999, and to the practice of international intellectual property protocols. These expected changes will be welcomed not only by those companies that have established laboratories in the PRC, but by others contemplating the PRC as a potential site. Reasons To Locate R&D in China Every company with global ambitions should have China on its agenda, says J. Thomas Ratchford, Distinguished Visiting Professor at the National Center for Technology & Law at George Mason University and leader of the Program of U.S.-China Cooperation in Science Policy, Research and Education. The size of its market and the quality and quantity of its human resources are enormous, especially those related to technology, Ratchford explains. Developing relationships early on with Chinese institutions--government entities, research institutes and universities, as well as companies--is important to future success. More than 30 Industrial Research Institute member companies have established laboratories in China. These labs have varied missions and, consequently, varied reasons to consider China a strategic location for a technology presence. Although conventional wisdom is to locate in China because of the lower cost of technology development, none of the IRI companies would suggest choosing to set up a laboratory for this reason alone. As discussed below, there are unexpected cultural and bureaucratic barriers that can neutralize a part of the cost advantage. advantage comes first from supporting the business' tactical needs in the region, namely: * Assisting plant operations to improve quality, learn to produce new offerings, reduce costs, or increase capacity. * Provide technical service and training support for local sales. * Tailor products to the local market and culture. * Gather and analyze technology intelligence on local and international competition. On the strategic level, most lab managers find value in having access to high-quality technical personnel and technology developed in top-flight universities and their research institutes. Several laboratories with a longer presence have added sufficient resources to build specific leading-edge platforms, transforming the lab into a competency center for the entire global enterprise. …" @default.
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• W219477218 date "2002-09-01" @default.
• W219477218 modified "2023-09-28" @default.
• W219477218 title "WTO Entry, Government's Welcome Could Spur Foreign R&D in China. (Perspectives: News and Views of the Current Research * Technology Management Scene)" @default.
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