TED: What the world can learn from China's innovation playbook | Keyu Jin

The video discusses China's transformation from scarcity to technological abundance, highlighting its unique innovation model, the Jukua system, and the decentralized mayor economy. It explores the global impact of China's tech advancements and the importance of international cooperation. The speaker emphasizes the need for mutual understanding and collaboration to address global challenges and improve technology access worldwide.

What was a significant change in China from the 1980s to today?

• From a democratic system to a monarchy

• From a technological leader to a follower

• From a country of scarcity to abundance

• From a country of abundance to scarcity

Which of the following is NOT an example of innovation according to the speaker?

• Inventing the next iPhone

• Building traditional houses

• Creating new business models

• Improving existing processes

What is the Jukua system?

• A system of individual entrepreneurship

• A collaborative innovation ecosystem

• A traditional Chinese cooking method

• A type of Chinese martial arts

What is a key factor in China's rapid technological advancement?

• Focus on traditional industries

• Exclusive reliance on foreign technology

• A whole nation approach

• Lack of government involvement

How did the local government of Hefei support NEO?

• By offering free land

• By reducing competition

• By injecting funds and organizing supply chains

• By providing tax breaks

What is the main goal of the 'mayor economy'?

• To centralize economic power

• To increase taxes on tech companies

• To foster local innovation and economic growth

• To reduce government intervention

What role do local governments play in China's innovation model?

• They actively support and invest in tech companies

• They prioritize foreign investments over local ones

• They act as passive observers

• They focus on agricultural development

What is a potential benefit of technological competition between countries?

• Decreased innovation

• Mutual learning and better products

• Higher prices for consumers

• Increased isolation

What does the speaker suggest about the relationship between the US and China?

• It should focus on mutual learning and collaboration

• It should be based solely on competition

• It should avoid any form of engagement

• It should prioritize military alliances

What does the speaker believe is necessary for a brighter future?

• Focusing solely on national security

• Developing the cheapest and best technologies

• Reducing technological advancements

• Isolating from other countries