China Aims To Move Up the Food Chain

Posted by kdawson on Tuesday February 10, 2009 @08:17AM from the empty-the-cage-and-remove-the-bird dept.

krou notes reporting in the Christian Science Monitor that the current economic crisis is helping China's push into higher-end manufacturing by shaking out low-profit companies. The hope is that, instead of just assembling iPods, Chinese companies will be able to invent the next big thing instead. In this move China is following the well-worn path taken by Japan and the Asian tigers before it. "Last month, the National Development and Reform Commission announced revised plans to transform Guangdong and neighboring Hong Kong and Macau into a 'significant innovation center' by 2020. One hundred R&D labs will be set up over the next three years. By 2012, per-capita output in the region should jump 50 percent from 2007, to 80,000 yuan ($11,700). And by 2020, the study predicts, 30 percent of all industrial output should come from high-tech manufacturing."

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Re:innovation starts now by Anonymous Coward · 2009-02-10 09:23 · Score: 5, Informative

Bullshit, every toy made in the 50s to, what, the 70s had lead in it. Our parents somehow survived.
"The U.S. incurs $43.4 billion annually in the costs of all pediatric environmental disease, with childhood lead poisoning alone accounting for the vast majority of it." http://www.atsdr.cdc.gov/csem/lead/pbwhere_found2.html