| UPDATED: August 1, 2014 NO. 32 AUGUST 7, 2014 | | QUOTES | | | | | In recent years, China has consistently pledged more resources to innovation, with its investment in research and development (R&D) surging from 2.2 percent of the total spent by all countries in the world in 2000 to 14.5 percent in 2011. In the future, the country will make further investment in R&D and human capital, and take the initiative to incorporate itself into the global innovation network, thus gaining momentum for another round of economic growth. |
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