Japan and China increased investment in science
Japan and China decided to increase the cost of scientific research, in order to compete in the global race for new scientific inventions. On March 22, the Japan Science Commission approved a plan to cost $ 213 billion in the next five fiscal years from April 2006.
Of this amount, $ 34.12 billion was spent promoting scientific research and competition with other Asian countries, including China and stimulating scientific research among the population.
The Chinese Academy of Sciences will focus its efforts on 40 major research areas in the next 15 years, to help China become one of the leading countries in advanced science.
Under this plan, the priority sectors are to support research costs such as Internet, new pharmaceutical manufacturing, development of biofuels, nanotechnology, clean energy, CO2 recovery technology and durable agriculture. strong.
To achieve this goal, the Academy will increase investment by 70% over the plan of the previous five years, and from 2011 to 2020 the amount of investment in scientific research will increase 12% per year. Specifically in 2020, the amount spent on research will be $ 112 billion. Thus, the rate of research investment will increase from 1.3% of current GDP to 2.5%.
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