Forwarded from China Dream 中国梦🧧
🇨🇳❌🇺🇸 China becomes the world leader in 90% of critical technologies
Research by the Australian Strategic Policy Institute, ASPI shows
In 20 years, China has swapped places with the United States, which once reigned supreme in the technology sector.
In 2003–2007, China was the leader in just three of 64 technologies, but is now the leader in 57 of 64 technologies (for the period 2019–2023), increasing its lead compared to the 2018–2022 ranking, where it was the leader in 52 technologies.
The United States led in 60 of 64 technologies from 2003 to 2007, but has led in only seven over the past five years (2019–2023).
It is clear that the US has not been able to maintain its historical technological advantage over the past 20 years. Yes, the US still leads in some areas, but US technological hegemony is a thing of the past.
China is catching up quickly through massive investments in its own technologies and the creation of highly efficient institutions.
Even if the US were to launch a national technology campaign on the scale of the space race of the 1960s, it would take about 20 years to catch up. #China #US #tech #industry
Research by the Australian Strategic Policy Institute, ASPI shows
In 20 years, China has swapped places with the United States, which once reigned supreme in the technology sector.
In 2003–2007, China was the leader in just three of 64 technologies, but is now the leader in 57 of 64 technologies (for the period 2019–2023), increasing its lead compared to the 2018–2022 ranking, where it was the leader in 52 technologies.
The United States led in 60 of 64 technologies from 2003 to 2007, but has led in only seven over the past five years (2019–2023).
It is clear that the US has not been able to maintain its historical technological advantage over the past 20 years. Yes, the US still leads in some areas, but US technological hegemony is a thing of the past.
China is catching up quickly through massive investments in its own technologies and the creation of highly efficient institutions.
Even if the US were to launch a national technology campaign on the scale of the space race of the 1960s, it would take about 20 years to catch up. #China #US #tech #industry