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New Report Shows China Could Overtake US in Tech in the Next 10 Years
interestingengineering.com

New Report Shows China Could Overtake US in Tech in the Next 10 Years

In the previous decades, China was globally underestimated. However, it has beaten these predictions to match the US and even surpass it in key areas.

Science & Tech

A report published by researchers at Harvard University has penned what many have feared for a while in their minds. In the next ten years, China could overtake the U.S. in key areas that will define the 21st century.

China's meteoric rise in the last two decades has not gone unnoticed. The country has made giant strides from being the manufacturing site for the world to making major headways in the areas of technology. From electric cars to space research, biotechnology, and even clean energy, China has been at par with developments in the U.S. and at its current pace could overtake the U.S. in the next ten years.

The report was originally prepared by the Belfer Center for Science and International Affairs at Harvard Kennedy School as part of transition memos after Presidency changed hands in the U.S. after the 2020 elections. Meant to provide a strategic review of the situation with China, it included comparisons between the two countries in five core areas, viz., technology, military, economics, diplomacy, and ideology, and has now been released publicly in the form of a discussion paper titled, The Great Tech Rivalry: China and the U.S., the website said.