China has become an important global player in terms of R&D and innovation. The total volume of innovation resources is steadily growing, which leads to the significant increase of global R&D input such as investment and its share in global R&D output such as patenting. In addition, the Chinese government has also been committed to implementing the innovation-driven development strategy. China has been opened up for foreign companies to invest and particularly for setting up R&D centres. All these favourable conditions have been providing ample opportunities for China to cooperate with foreign countries such as the European countries.