The course aims to introduce students with the basic features of the innovation and entrepreneurial development of Chinese economy, and the relationship between China and global innovation development. It would further offer insights into the determinants of entrepreneurial and innovation activities, and to provide students with toolbox of economics in evaluating economic incentives, business problems, industry sustainability, and economic policies in the context of innovation and entrepreneurship development. The path of innovation and entrepreneurial development in China would be compared to those in other advanced economies and newly industrialized economies. Real business cases would be covered to enable students’ understanding.