DSM keen on fueling innovation in China

China will need to find quick fixes for issues like food security and pollution during its rapid urbanization process, a top official of Royal DSM, the Netherlands-based multinational life sciences and materials sciences company, said on Monday.

China is no longer the manufacturing machine of the world and cannot depend on it for sustained growth, said Feike Sijbesma, chief executive officer of DSM.

"Instead, China needs to focus more and more on innovation, for example, on new alternative energies such as solar, wind and bio, and new ways of manufacturing food to sustain growth," he said.