Purpose – The purpose of this paper is to analyze the general trend of globalization, the role of transnational corporations in the process of globalization and China's integration in the global economy through the linkage of trade and foreign direct investment. China's governmental national technology innovation system and also the progress of R&D system of enterprises of various ownership systems to date are described and analyzed. China's technology innovation system is analyzed both from the macro side and from the micro side within the context of globalization, and the prospect of China's technology innovation system is projected.
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Huijiong Wang (2012) studied this question.
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