''China is building up its global
competitiveness in knowledge-intensive sectors and its ambition to be a
global leader in science and innovation by 2050 seems well within reach.
China outperforms the European Union in terms of expenditure on
research and development as a share of its GDP, and already produces
about the same number of scientific publications, and more PhDs in
natural sciences and engineering, than the United States.
China aspires to produce and capitalise on
home-grown scientific talent, but its growth model for science still
involves sending out its increasingly better locally-trained scholars to
the best institutes in the world and reaping the benefits when they
return in the later stages of their careers, after they have fully
developed their capabilities and built their networks. The US remains
the favoured destination for Chinese students, which has led to the
creation of US-Chinese science and technology networks and connections
that are mutually beneficial: enabling China to catch up and helping the
US to keep its position at the science frontier.
The EU has much less-developed scientific
connections to China than the US. The EU should take steps to engage
more with China if it is not to miss out in the future multipolar
science and technology world..''
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