China has already overtaken the EU and 1 rank below the US in its R&D spending this year. The research and development budgets in Europe and America have consumed the weight of advanced economies in science and technology research, patent citations and scientific publications, leaving China on track to be the world’s top R&D spender by 2019. The reason why China intensely focus in its R&D is driven by economic dynamism, its long-term commitment to science ...
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