Exclusive interview with Zhang Jianping, deputy director of the Academic Committee of the Research Institute of the Ministry of Commerce of the People's Republic of China. Zhang says innovation-driven development has become the "Huashan Road" for China's economy to overcome the middle-income trap.
China ranks 12th in the Global Innovation Index, and its annual R&D investment ranks among the top in the world. However, there is still a large gap in the transformation rate of scientific and technological achievements compared with developed countries.