Reaching the third spot on the list of top 10 countries for technological expertise , China has slowly repositioned itself at the forefront of technological innovation. For several years, the country has designed new avenues and monetary efforts to strengthen its foothold in the tech industry. Among the most noteworthy endeavors is what the CCP calls the "little giant" initiative. The stratagem finds its roots back in 2005, in an era that saw Hunan province's local government cut incentives for smaller enterprises, later adopted by other local governments and supported by the central government's Ministry of Industry and Information Technology…