The Stanford Center on China’s Economy and Institutions is delighted to present a keynote address by U.S.-China Business Council president Craig Allen, who will be speaking on Shenzhen and Silicon Valley – The Competition for Technology Leadership. The event will begin with a lecture by Craig Allen and conclude with a Q&A session moderated by Hongbin Li, Co-Director of Stanford Center on China's Economy and Institutions and the James Liang Endowed Chair at Stanford University.  

Since the May 4th Movement of 1919, China has been dedicated to advancing science and technology as the primary driver of national development. The current leadership of China is intensely focused on developing the “new productive forces” associated with innovation. China’s 2024 government budget increases spending on R&D by 10 percent, with an emphasis on self-sufficiency and corporate innovation. The Chinese government also currently deploys a vast pallet of incentives and industrial policies to advance the country’s innovation – often at the expense of foreigners. Its policies and vision have already changed the global innovation ecosystem in profound ways. In the future, Chinese individuals and companies will play a yet larger role in the global scientific and technological advancement. What role does innovation play in China’s development model, and how does it differ from innovation in the West? What does “digital Leninism” mean, and is it effective in practice? Why are the Chinese leading in numerous scientific fields, and where does China struggle? What are the rules of the road for either US-China technology cooperation or competition, and are the rules enforceable? How do we enjoy the benefits of S&T cooperation with China, while minimizing the risks of S&T inter-dependency or over-dependency?  

Watch the Recorded Event