Promoting university-industry collaboration: China's experience

This article analyzed experience of foreign countries especially of China in straightening university-industry collaboration as a main factor of innovative economy formation. At the modern stage of development, the production of new knowledge and the degree of their implementation in practice, to a large extent determines the competitive advantages of a country. In such circumstances, the establishment of effective cooperation between universities, which are the main producers of knowledge and business is becoming increasingly important. The article studied international experience in the legal and regulatory framework conducive to the development of universities and industry collaboration. The article is concluded that university-industry collaboration is an important factor in the success of innovative economy formation and that the foreign experience in this field should be studied deeply for possible borrowing it in the process of promoting university-industry collaboration in Uzbekistan.