China to lead world in innovation by 2020
Write:
Jeremy [2011-05-20]
China is set to become the world's most important center for innovation by 2020, overtaking both the United States and Japan, according to a public opinion survey to be published on Dec 6.
China is already the world's second-largest economy, after establishing itself as the global workshop for manufacturing. Now it wants to move up the value chain by leading in invention as well.
Today, the United States ranks as the world's most innovative country, with 30 percent of people surveyed taking that view, followed by Japan on 25 percent and China on 14 percent.