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Friday, March 20, 2015

China's Medical Research Funding will Surpass the US in 2022

 China's Medical Research Funding will Surpass the US in 2022
Other nations have witnessed the US success and are scaling up their own research investments. Between 1999 and 2009, Asia’s share of worldwide research and development expenditures increased from 24% to 32%, whereas US expenditures decreased from 38% to 31%. By 2022, if current growth rates hold, China’s funding will surpass that of the United States. Although investments by other countries to the global biomedical research enterprise are welcome, the long-term leadership of the United States in this area ought to be a high priority.

From JAMA, Scientific Discovery and the Future of Medicine: Exceptional Opportunities in Medical Science.


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