In ten years China will become the most important innovation center in the world


China will become the most important center for innovation in the world by 2020, surpassing U.S. and Japan, according to a survey conducted among the population in six states, drug maker AstraZeneca said.

China is already the second largest economy in the world, having become the “workshop” of global manufacturing, and now aims for market segments with high value products by increasing investment in research.

Currently, the United States is in first place among the most innovative countries, it believes  that 30% of the 6,000 people surveyed, followed by Japan (25%) and China (14%).

Over a decade, 27% of respondents expect China to be at first , followed by India (17%), USA (14%) and Japan (12%).

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Posted by E.Hillwig on Dec 6 2010. Filed under Featured News, Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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