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February 27th, 2006
Science and Engineering Indicators, 2006
"Asian countries outside Japan are increasingly important in the global S&T community…China is growing at the most rapid pace…an important player in high-technology markets…its fast-growing manufacturing sector shift(ing) rapidly toward high-technology production (as is the United States), and in 2004 was the world's largest recipient of foreign direct investment."
"China has become the world's third largest research and development (R&D) performer (behind only the United States and Japan). Chinese R&D spending reached $84.6 billion in 2003." (By comparison, U.S. total R&D in 2003 was nearly $292 billion). -- from Overview and Chapters 4 and 6.
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