Primary Source: Information Processing
Data from the 2016 NSF report on global Science & Engineering Indicators shows the rapid rise of China in both academic science and applied technology.
Rapid growth in number of Chinese S&E articles, reaching parity with US in 2013, and well ahead of Japan and India.
Fraction of high impact (top 1% most cited) papers highest for US research (~1.9%). China and Japan comparable at ~0.8% as of 2012. China’s fraction roughly doubled between 2001 and 2012.
As of today total number of high impact papers is still probably ~2:1 in favor of US. But I think most people would be surprised to see that China has caught up with (surpassed?) Japan in this quality metric.
US and China now each account for ~30% of global high tech value-added manufacturing. Value-added means net of input components — going beyond simple assembly.
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Stephen Hsu is vice president for Research and Graduate Studies at Michigan State University. He also serves as scientific adviser to BGI (formerly Beijing Genomics Institute) and as a member of its Cognitive Genomics Lab. Hsu’s primary work has been in applications of quantum field theory, particularly to problems in quantum chromodynamics, dark energy, black holes, entropy bounds, and particle physics beyond the standard model. He has also made contributions to genomics and bioinformatics, the theory of modern finance, and in encryption and information security. Founder of two Silicon Valley companies—SafeWeb, a pioneer in SSL VPN (Secure Sockets Layer Virtual Private Networks) appliances, which was acquired by Symantec in 2003, and Robot Genius Inc., which developed anti-malware technologies—Hsu has given invited research seminars and colloquia at leading research universities and laboratories around the world.