Slashdot Mirror
Sharp Rise Seen in Chinese Patents
ianare writes "According to a report by the UN's intellectual property agency, the number of requests for patents in China grew by 33% in 2005 compared with the previous year. That gives it the world's third highest number behind Japan and the United States, the agency said. China's leaders have been urging companies to become more creative, and put more of their money into developing new technology. 'Made by China' rather than simply 'Made in China' will mean that the country's economic miracle stands a far better chance of lasting longer."
'Made by China' rather than simply 'Made in China' will mean that the country's economic miracle stands a far better chance of lasting longer.
I suppose it was a "miracle" when we used slaves here in the US to do farming, build railroads, etc?
They have 1/5 the total world population...current estimate: 1,321,851,888.
Japan has 127,433,494 people.
And the US? 301,139,947.
China has more than 3 times the population of Japan and the US combined.
Further, China is taking the cheapest route on everything, and is suffering for it. The air quality there is horrendous, the water isn't drinkable - hell, we'll need to worry about them invading someone soon just so they can find someplace to be able to breathe. Cutting corners, doing no pollution control, no sanitation efforts...yeah, of course you can make extra $$ that way. At what cost, though.
The only miraculous thing here is that they are doing so poorly despite these and other things massively in their favor.