China’s High-Tech Drive in 10 Charts
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China's high-tech drive has made significant progress over the past few decades, with the country now ranking tenth in the Global Innovation Index. China has surpassed the United States in R&D spending, with $1.03 trillion spent in 2024, and its pharmaceutical industry is growing rapidly, accounting for 30% of new innovative drugs produced globally.
China's high-tech drive has made enormous progress. The country now ranks tenth in the Global Innovation Index. China's R&D spending has risen dramatically, surpassing the US with $1.03 trillion spent in 2024. The pharmaceutical industry is a surprise success, with China now producing 30% of new innovative drugs globally. This growth is driven by human talent, with many Chinese pharma start-ups led by experts who studied in the West. China's high-tech drive is a result of both government actions and corporate behavior.
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