Challenges for Technological Development in China’s Industry. Foreign investors are the main providers of technology

Since the late 1970s, and especially during the 1990s, foreign direct investment (FDI) has to a large extent recast China’s industrial base and upgraded its industrial technology. In 2001, China became the country with the highest number of mobile phone subscribers with 145 million users, and its 179 million fixed phone lines were the second highest, next to the United States. By 2010, if not earlier, and, after overtaking Japan in 2002, China is expected to overtake the United States to bec...