According to a recent report issued by Kevin Droegemeister of the NSF, expenditore on R&D of East, Southeast and South Asia now accounts for 40 % of the global expenditure, of which the Chinese share is half. The share of the USA is still highest in the world with 27 % but diminishing gradually as the growth rate of China’s R&D investment is nearly 20 % per year.

China Bio news release, January 20, 2016