China is a gold mine for innovation, says head of Chinese robot firm
“I've been to the U.S., Japan, Taiwan, and Israel, and the opportunities for innovation and entrepreneurship in China are just as good — in some respects it's actually better,” Yu told CNBC. That's because China is already a pretty tech-savvy place and firms continue investing in R&D, according to Yu, who added that the country's giant manufacturing machine means everything can happen in one place.
