The Chinese government has paid particular attention to innovation in the last decade. It has increased the capital investment in new product research, accompanied by a series of innovative programs and incentive policies. Currently, Chinese innovation has been moving forward at an accelerating speed. Comparing the changes of new products in all industries, the average growth rate for new product development between 2000 and 2004 is 33.3 percent, while from 2004 to 2009 the same rate is 88.5 percent from 2004 to 2009.
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