1、2023 by the European Union Chamber of Commerce in China,all rights reserved.This report may not be reproduced either in part or in full without prior written consent of the European Union Chamber of Commerce in China.The information contained herein is based on input and analysis from November 2022

2、to March 2023.The information is provided for informational purposes only and should not be construed as business or legal advice on any specific facts or circumstances.No users of this report should act or refrain from acting on the basis of any content included without seeking appropriate professi

3、onal advice.The European Union Chamber of Commerce in China does not assume any legal liability or responsibility for the accuracy and completeness of the information provided in the report.Chinas Innovation Ecosystem:The localisation dilemmaTable of Contents Foreword.1Executive Summary.2Background.

4、3The Localisation Dilemma.4Collaboration a High Risk,High Reward Strategy.13Recommendations.17Annex.18-Comparison with the previous survey.18-Full survey results.21Abbreviations.28About the European Union Chamber of Commerce in China.29About the Mercator Institute of China Studies.30Foreword1Chinas

5、Innovation Ecosystem:The localisation dilemmaChinas Innovation Ecosystem:The localisation dilemmaForewordAs shown in our joint report Chinas Innovation Ecosystem:Right for many,but not for all,published in June 2022,many European companies saw enormous value in doing research and development(R&D)in

6、China for a number of reasons.The size of the market,the variety of available collaboration partners and the fast pace of commercialisation of R&D results drove some European companies to increasingly integrate China R&D with their global efforts.However,the risks of engaging in R&D in China,such as