China becomes world's second-largest R&D performer
Indicators 2016 makes it clear that Global R&D spending shows an overall upward trend mainly in North America, Europe and East Asia and Southeast Asia, while the U.S.continues to lead the world.
According to Indicators 2016, China is now the second-largest performer of R&D,accounting for 20 percent of global R&D spending as compared to the United States,which accounts for 27 percent.
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