China overtakes Japan to become 2nd largest R&D spende

[beijingwalker]

China overtakes Japan to become 2nd largest R&D spender
Nov 16, 2011 9:48AM

Rising power China has grabbed headlines for being the top, if not amongst the top, in the world for a cavalcade of reasons. This time, it is more than beating every country in the world in math, science and reading.

In a pivotal moment in history – perhaps even signaling a global power shift in the making – China has overtaken Japan to be the second largest R&D spender in the world, “easily outstripping” money invested by Germany, France, and Britain; countries that dominate the list two decades ago, Reuters reports.

China has overtaken Japan to become the world’s second biggest spender on industrial research and development (R&D), trailing only the United States, a report by the United Nations said on Monday.

Chinese investment in R&D rose to 12.8 percent of the world total in 2009, up from just 2.2 percent in 1993, according to the report by the U.N. World Intellectual Property Organisation (WIPO).

 

[Abhishek_]

congrats and well done

 

[Götterdämmerung]

I hope that China will break the current copyright that is hindering innovation and the spread of knowledge.

The bloody GEMA in Germany is censoring youtube and I can't watch all the clips that have music from Sony, BMG and other large music publishers.

 

[SinoChallenger]

I hope that China will break the current copyright that is hindering innovation and the spread of knowledge.

The bloody GEMA in Germany is censoring youtube and I can't watch all the clips that have music from Sony, BMG and other large music publishers.

Try this

mv

 

[Lyrical Mockery]

Congrats China.

 

[Götterdämmerung]

Try this

mv

Thanks, but it's bloody slow from Germany.

 

[beijingwalker]

money talks ,we will get there.

 

[beijingwalker]

China will certainly put more and more money in education and research,those money is well spent.it's the investment for the future.

 

[beijingwalker]

global R&D rankings