Innovation in China

By: John And Naisbitt

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Synopsis: Chengdu - a model for China's Innovation pathHow could Chengdu, in less than a decade, transform from an underdeveloped inland city to become the leader in urban rural integration, home to ultra modern high tech parks and host to more than 200 of Fortune 500 companies? Two years of the authors' research have resulted in the theory of the Chengdu Triangle: property rights reform, equalization of public service, grassroots democracy, and in the core, respect for individual rights. A holistic, service oriented and innovative spirit enabled Chengdu's government to simultaneously work on social, economic and legal change. Efforts in each one of them supporting and accelerating progress in all of them.In the view of the authors, the approach of the Chengdu Triangle can not only be taken as a model for Chinese cities, but for cities in all parts of the world which have to deal with a widening gap between rich and poor and urban and rural. Innovative thinking cannot be limited to technological and business theories, but must be expanded to walking new paths in abolishing social inequity and injustice.