Research on the Relationship between Cooperation Innovation Expenditure and Economic Output of China’s Pharmaceutical Industry

Objective To empirically analyze the relationship between cooperation innovation expenditure and economic output of China’s pharmaceutical industry,and provide a reference for improving its economic benefits and the capability of cooperation innovation in the future.Methods The relevant data of China’s pharmaceutical industry from 2000 to 2016 was selected as a sample.Based on the co-integration theory,an error correction model was established to conduct Granger test of causality to study the relationship between cooperation innovation expenditure and economic output of China’s pharmaceutical industry.Results and Conclusion The cooperation innovation expenditure of China’s pharmaceutical industry has a significant positive impact on economic output.If cooperation innovation expenditure increases 1%,its economic output will go up by 1.7%.At the same time,the long-term promotion effect of cooperation innovation expenditure on economic output is more significant than the short-term effect.

The Influence of Fiscal Subsidy on the Innovation Behavior of Manufacturing Enterprises Under the Background of "The Belt and Road"

Based on the“The Belt and Road”initiative,this article selects the panel data of A-share manufacturing listed companies in 2014 and 2016,and uses the difference in difference(DID)model to test the effect of fiscal subsidy policies on the innovative behavior of Chinese manufacturing companies since the“The Belt and Road”initiative was proposed.Influence,and the mediating effect of innovation cooperation between financial subsidies and innovation behavior.The empirical results show that the fiscal subsidy policy has affected the innovation behavior of manufacturing enterprises,but the results of this effect are different due to different stages of innovation behavior.In addition,in the process of enterprises carrying out innovative behaviors,innovation cooperation can promote the effective use of financial subsidies by enterprises,thereby enhancing their innovative behaviors.Finally,based on the conclusions,corresponding suggestions are put forward at the three levels of enterprise,policy and system.

Present Situation and Thinking of the Evaluation and Management of Biomedical Projects in Shenzhen Industrial Park of Shenzhen-Hong Kong Cooperation Zone

Objective To put forward some suggestions for the improvement of the evaluation system of Shenzhen Industrial Park of Shenzhen-Hong Kong Innovation Cooperation Zone by studying the scientific research project evaluation and management system of Japan Agency for Medical Research and Development(AMED).Methods Through literature review,lessons were drawn from the review and management policies and methods of biomedical projects implemented by Japan AMED.Then some reference was provided to the review and management of the projects in Shenzhen Industrial Park.Results and Conclusion A basic review framework has been set up in Shenzhen Industrial Park,which consists of scientific research management institution of Shenzhen Industrial Park,Third-Party Review Institution and Science Committee.However,there are three problems in this system:unclear selection criteria of review experts,insufficient supervision and lack of project evaluation standards.These problems can be solved by establishing an expert think tank,setting up graded project supervisors to have the dynamic monitoring,and developing a general evaluation scale for evaluating scientific research projects in Shenzhen Industrial Park.

Keywords to Understand China

Keywords are one of the best ways to understand a country.In China,with the rapid development in different areas,the keywords keep changing.ChinAfrica presents a selection of prevailing keywords to help readers understand China better.＂China-ASEAN（10＋1）Cooperation Mechanism＂ESTABLISHED in 1997,the China-ASEAN（10＋1）Cooperation Mechanism has played an important role in promoting closer political and economic ties between China and ASEAN members.

Industrial upgrading based on global innovation chains:A case study of Huawei technologies Co.,Ltd.Shenzhen

Although China is a global trade power,it has low value-added trade,which lies at the bottom of the global value chain.Therefore,there is an urgent need to change the unfavorable position of the international division of labor in China.The global innovation chain is a new development of innovation through which China can implement open innovation and utilize the world's advanced knowledge,technology,information,and other resources to enhance its innovation capabilities,promote industrial upgrading,and improve the status of its global value chains.This paper takes Huawei as an example of international cooperation and innovation,aspects that have allowed the company to rapidly improve its position and prestige in the industry.The case study of Huawei suggests that China should introduce talent,increase investment abroad,attract foreign investment,expand intellectual property trade,develop outsourcing and international strategic research and development alliances,build a global innovation chain,and promote industrial upgrading to elevate the status of its international division of labor.