China is progressing more rapidly in innovation and advanced technology industries than the United States, according to a report published by Information Technology and Innovation Foundation today.
“In the span of about a decade, the Chinese economy has made dramatic progress in innovation relative to the United States,” Robert Atkinson, ITIF president and lead author of the report said in a statement. “Backed up by a powerful, unfair arsenal of state policies, China has evolved from an innovation-copier to a reverse innovator and now an innovator in its own right.”
