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China is just two years away from catching up on Europe’s level of spending on research and development, a study showed on Monday.
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"The China-EU Science & Technology Year (CESTY) was born in the context of this deepening partnership as a way to foster a more fluid and enduring exchange of ideas, people and resources."
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The National Basic Research Program (also called 973 Program) is China's on-going national keystone basic research program." Two big objectives are to improve China's research capabilities, and "upgrade the sustainable S & T innovative capabilities."
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Concerns that China could either collapse or become the world's biggest economy "provide the context we must understand in order to evaluate rightly what the Chinese are attempting to do in the sciences."
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"Through its 'Competitiveness and Innovation' strand, The Centre is working to focus minds and stimulate debate on some of the key issues at stake as Europe struggles with the challenge of economic and social reform."
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"The European Union's vision of building a hi-tech economy could be left in the dirt if businesses do not spend more on research and development (R&D)."
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