High-speed: China's innovation holds lessons for the world

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  The Economist.

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  Hi, I'm Sarah Wu, co-host of Drum Tower, our podcast about China.

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  Welcome to Editor's Picks.

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  We've handpicked an article for you from the latest edition of The Economist.

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  We hope you enjoy listening.

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  Those who worry about how to cope with China's leadership in technology –

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  and there are plenty of them –

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  think hard about electric vehicles, EVs, solar panels and open-source artificial intelligence.

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  For such people, we have some bad news.

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  This week we report how China is rapidly pressing ahead in two other frontier technologies –

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  autonomous vehicles and new drugs.

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  As these industries spread around the world, they will exemplify the power of Chinese innovation.

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  China's progress in each of these important areas has been staggering.

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  A robo-taxi revolution is gathering pace which could reshape transport,

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  logistics and everyday urban life.

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  The country's autonomous taxis, constructed for a third of the cost of Waymo's in America,

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  are racking up millions of kilometres of driving and are forging partnerships in Europe and the Middle East.

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  In medicine, meanwhile,

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  China has turned itself from a copycat maker of generics into the world's second largest developer of new drugs,

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  including those tackling cancer.

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