The Technology Race is on China Holds FIRST PLACE. Spending Billions
China is first place in nanotech- patents outspending U.S by
billions. The nanotechnology patents are worth a estimated 900
trillion by 2008. A number of new research parks have opened in the
Asia-Pacific region in the past few months, illustrating an
increased level of commitment by local governments toward investment
in nanotechnology and related fields
In September, Japan's two major government nanotechnology
laboratories, the National Institute for Materials Science (NIMS)
and National Institute of Advanced Industrial Science and Technology
(AIST) said they had founded a company, the Materials Design
Technology Laboratory, to develop and supply new materials to
Japan's automotive and electronics industry.
There were also a number of moves to boost international nanotech
cooperation. In September, South Korea and Germany agreed to
establish a committee to look into joint research and development in
advanced technologies, including nano and biotech. As the U.S.
rushes to partner with China in cooperation in science, Physcis,
nanotech technology. The technology race is on.


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