China is investing
more money into research and development, helping it become a superpower in
innovation. Image: REUTERS/Kim
Kyung-Hoon
07 Feb 2018
Formative Content
Last
year President Xi Jinping outlined his vision to make China the global
leader in political, economic, military and environmental issues over the next
three decades.
Now,
comprehensive data from the National Science Foundation reveals
that China is already well on its way to becoming a superpower in the key areas
of science and innovation.
China
is the second-largest spender on research and development (R&D) after the
US, accounting for 21% of the world’s total of nearly $2 trillion in 2015.