Innovative Development of chinese Regions: Experience and Recommendations for Russia

Purpose: of the article is a parametric comparison of the features of the development of the regions of China and Russia for the possibility of using the Chinese experience in managing innovative development. Methods: comparison of the innovative potential of Russia and the PRC, as well as the possibilities of using the Chinese experience in the management of scientific, technical and innovative development in Russia was carried out using linear regression analysis and comparison of its indicators. Analysis and comparison were carried out using statistical data on innovative and economic development in statistical collections of Russia and China. Results: the article discusses the possibilities of using Chinese management experience in the development of the spheres of science, technology and higher education for the innovative and economic development of Russian regions. To a large extent, the experience of the PRC is already actively used in Russian state practice, while, in the context of Russia's economic difficulties in recent decades, it does not always work successfully. The work shows that the regions of the PRC are rapidly increasing their innovative activity in recent years, which contributes to the rapid growth of the well-being of their population. The number of regions-innovative and economic leaders is growing. Among all regions of Russia, only Moscow in level of innovational activity and GRP corresponds to the leading regions of China. The paper also shows that changes in the indicators of innovation activity of Russian regions have a relatively weak effect on their economic development. Conclusions and Relevance: it is recommended to carefully study the experience of the Chinese regions-innovation leaders and the Chinese innovation policy in general for application in Russia, as well as the development of Russian-Chinese innovation and scientific and technological cooperation.