ChinaiscatchinguprapidlywiththedevelopedcountriesinR&Dofavdancedtechnology,whichissomewhattriggeredbythestrikingperformanceofitsneighbour-Japan.TheChinesegovernmenthasembarkedonatechonology-revampingstrategytoenhancethecountry'stechnologicalpower,witnessedbytheambitiousmooninvestigatingplanandincreasedfundearmarkedforR&Dactivities.Privatecompanies,manyofwhicharefundedbyventurecapitalfirms,haveshownincreasingstrongerpresenceinthemarketplace.Theproductsaremostlyaimedatsatisfyingciviltechonogicalneeds.Inspiteofthemomentum,thecountrystillneedstoreformitseducationsystem,asthetraditionalwayofteachinghindersgreatlytheprocessofinnovation.Out-of-boxthinkingshouldbeencouraged.Thecountryistobecomeaunneglectablepowerinthenext20or30yearsintechnologydevelopment,andtheinputoftalentswillplayacrucialpartinthatprocess.
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