China is emerging as a major player in advanced industries, challenging long-held Western dominance in innovation. A new report highlights how Beijing has rapidly scaled up research, investment, and technological breakthroughs across sectors like AI and semiconductors. This shift carries geopolitical implications, as the U.S. and its allies assess how to maintain a competitive edge in critical technologies amid China’s rise.
Read the whole story here: https://itif.org/publications/2024/09/16/china-is-rapidly-becoming-a-leading-innovator-in-advanced-industries/.