WORLDIPTODAYREPORTPATENTEDINCHINA–THE解读.pptVIP

* RD Budget The Chinese government plans to dramatically increase RD expenditure to reach the goal of 2.5 percent of GDP by 2020, compared to 0.6% in 1996 and 1.4% in 2006. In the same time, the government’s economic plan targets a GDP growth rate exceeding 7.5 percent annually until 2010 and then 7 percent until 2020, yielding a huge increase of available RD expenditure in coming years.[1] A positive correlation exists between the number of patent applications and RD expenditure by industry[2] and by country/region.[3] China’s economic growth and liberal boost in RD expenditure will contin