Beijing’s strong urge to become a global technology leader is becoming obvious day by day. China has invested a lot in the various research and development organizations of USA, and their investment is a clear sign that they will soon be settling in as hi-tech country.
Since it is very evident that China has the second largest economy in the world, it would be pretty soon that the nation swoops in on the technology sector as well. It is predicted that China’s economy would soon outdo America by the year 2020 or after. Throughout the years, China has proved its interest in science and technology by diving headfirst into new products and services.
Moreover, the nation has a dictatorial government that allows them to implement various industrial and business policies. Through the government’s approach, sufficient funding and a desire to excel in technology, China has put its foot forward to invest in this project. We can’t wait to see how they do!