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Created: Feb 22, 2008
Updated: Oct 19, 2009
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China Becoming a Technological Superpower - A Narrow Window of Opportunity
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Abstract:
This working paper shows China's technological advance, its basis in
using foreign technology combined with its own manpower resources, and
its clever integration of regional ambitions with national policies and
programs. It also indicates an emerging global rivalry as China moves
towards a future status as technological superpower. In any attempt to
understand recent and future industrial and economic development in
China it becomes unavoidable to think about its various regions as the
equivalents of major countries in other parts of the world. In several
ways the regions of the Pearl River Delta, the Yangtze River Delta and
the Bo-Hai Rim, including Beijing, can be compared with France, Germany
and the UK in Europe. By world standards the regions essentially have
middle-income purchasing power. The US in the early part of this
century remains unchallenged in defense, economics, politics and
technology. Japan can be termed a superpower in economics and
technology. EU is conceived as a superpower in economics, politics and
technology, while Russia has remaining strength in defense and
technology. Today, China is a superpower in politics with an emergence
in economics and great ambitions in technology. China has during the
past ten years dramatically increased the number of students in
tertiary education and provided more funding for R&D, not only in
absolute terms but also in relation to its GDP. Traditional indicators,
such as patents, still suggest that China is far from reaching its goal
of becoming a knowledge-based economy. However, monitoring signs of
dynamic changes within industrial sectors and emerging competencies in
a number of research fields brings forward a much more optimistic
scenario.
