China Plans to Put New Focus on Technology
China, one of only three countries to put a man in space, announced a strategy Thursday to raise its scientific prowess and push it to the forefront of technology.
The “National Medium and Long-Term Science and Technology Development Plan Outline,” issued by the State Council, demands that by 2020, spending on research and development reach 2.5% of gross domestic product. The plan calls for additional spending in 16 key areas, including semiconductors, telecommunications, nuclear power, genetically modified crops and space exploration.
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