China is the 2nd biggest spender on R&D

Note: This section contains information in English only.
Source: China.org.cn
China has spent on R&D even more than Japan this year ranking 2nd biggest spender after US. China plans to invest in R&D 2.2% of GDP in R&D by 2015. The number of applications for protecting IPR has also increased indicating substantial growth of innovation in the country.

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