Lux Research Release: China Set to Transform from Manufacturing Powerhouse to Innovation Engine in Next Five Years

Published: Nov 08, 2011

BOSTON--(BUSINESS WIRE)--China’s 12th Five-Year Plan demonstrates the Asian giant’s resolve to accelerate the state-controlled economy’s transition from manufacturing powerhouse to innovation engine, as the government’s 30-year history of funding R&D shows no signs of slowing, according to a research report from Lux Research.

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