Governments tend to invest money into projects that may not pay off for years, so expect China to invest in fundamental research in the aforementioned areas. This will strengthen China’s global competitiveness in these key industries in the coming years, which is particularly important for China’s ongoing rivalry with the U.S.
Meanwhile the current American administration is seemingly doing significant long term damage to fundamental science research.
Yeah. Run any surplus people who don’t have any other job through higher education and have them do basic research. Last year they had 50M students in universities. If the keep on doing this I think they are almost guaranteed to become the R&D leader in the few fields they aren’t already.
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