China will become the worlds largest technology power by 2049

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China will become the world's largest technology power by 2049 and a leader in innovation and technological progress. This is said in a public statement today, the Chinese government document on deepening the reform of scientific and technical system and accelerate the steps of creating a national system of innovation. In this document, the CPC Central Committee and the State Council put forward ideas for the implementation of the State medium-and long-term program of scientific and technical development for 2006-2020.

According to the document, the country needs more efforts to deepen the reform of the scientific and technological system and accelerate steps to establish a national system of innovation in order to lay the foundation for the transformation of the country into the global technological power during the celebration of the centenary of the founding of New China in 2049. share of cash funds for research studies in the total GDP of the country should reach 2.2% in the 12-th Five-Year Plan (2011-2015 gg.), and more than 2.5% in 2020, according to the document, and the average level of investment for large and medium-sized industrial enterprises in the field of research and development to increase to 1.5% of their income during the 12th Five Year Plan. It is also necessary to speed up the development of strategic new industries, such as energy-saving and environmental sphere, a new generation of information technology, bioengineering, advanced production equipment, development of new energy sources, indicated in the document. value added products of strategic new industries to be approximately 8% of total GDP by 2015 and 15% in 2020, according to the document.
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    China will become the worlds largest technology power by 2049