20 June 2022 10:39

Chinese technology indices

Index Description The NASDAQ OMX China Technology Index is designed to track the performance of technology companies that are domiciled in China or Hong Kong. The Index began on November 14, 2011 at a base value of 1000.00.

What is the Chinese tech index?

The MSCI China Tech 100 Index captures large and mid-cap representation across China A shares, H shares, B shares, Red chips, P chips and foreign listings (e.g. ADRs).

Does China have good technology?

Per the Global Innovation Index in 2021, China was one of the most competitive in the world, ranking 12th in the world, 3rd in the whole of Asia & Oceania region and 2nd for countries with a population of over 100 million. China is the only middle-income economy and the only newly industrialized economy in the top 30.

Is China a technology superpower?

China is on its way to becoming a technological superpower, experiencing the fastest sustained expansion by a major economy in history. Innovation is at the top of the country’s priority list. In 2017, China’s president Xi Jinping outlined his vision for China becoming a global science and innovation leader by 2050.

Is China the leader in technology?

In each of the foundational technologies of the 21st century—artificial intelligence, semiconductors, 5G wireless, quantum information science, biotechnology and green energy—China could soon be the global leader. In some areas, it is already No. 1.

Can China overtake US in technology?

China could soon surpass U.S. in crucial emerging technologies, report warns. China could soon overtake the U.S. as the global leader when it comes to the most important technologies of the 21st century, according to a new report from Harvard’s Belfer Center.

Who is stronger China or USA?

The United States outweighs China in terms of gross domestic product (GDP), technology, and military spending. China’s GDP is 15 percent of global GDP, compared to 24 percent of the United States.

What is China’s best technology?

China’s 7 top tech trends to watch in 2022

  • China can lead the metaverse game. …
  • Climate tech can soar. …
  • A possible open-source tech boom. …
  • A pivotal year for eCNY. …
  • Regulations get more granular. …
  • Algorithm rules can set a global norm. …
  • AI governance becomes actionable.