Southeast Asia should learn Chinese technology strategy

Investing heavily in science and technology is a strategy that helps China rise strongly and Southeast Asian countries should study that strategy, the Organization for Economic Cooperation and Development (OECD) said.

Picture 1 of Southeast Asia should learn Chinese technology strategy
The missile is about to take Than Chau 9 ship to space on June 16. From one
the country used to import industrial equipment, now China has
self-produced rockets, spacecraft and many other components. (Photo: Xinhua)

China, which has compared Japan's second economy position, offers many development opportunities for other countries, but it could also make neighboring economies stuck in their current state. Use low-skilled workers with low-cost remuneration. This is the statement of Gernot Hutschenreiter, director of OECD's Science, Technology and Industry, SciDev reported.

Hutschenreiter is about to publish a report entitled "Technological innovation in Southeast Asia" in the next few weeks. He said that China is investing heavily in research, developing skills and knowledge. Now they have begun to produce industrial components themselves, while they previously imported only such products.

"China's technological progress shows that the country is increasing its ability to compete with middle-income countries in the region, such as Indonesia, Malaysia and Thailand," Hutschenreiter commented.

Southeast Asian countries will benefit more from interacting with China if their technological innovation capacity increases. However, Southeast Asia is experiencing numerous obstacles in its efforts to improve technological innovation capacity - such as limited funding, unreasonable support for technology and technology, and creativity of workers. low dynamic.

"So countries in this region should support each other to overcome those obstacles," he said.