September 12, 2003



Sino Nanotechnology

When a big nanotechnology breakthrough happens, where do we expect it to take place? The US, right? How about China?

China is now one of the world leaders in newly registered nanotechnology firms, with more than 600 over the past three years, acccording to Helmut Kaiser Consultancy, which is conducting a study, "Nanotechnology in China State 2003 and Development 2006-2010-2015."

China has the advantage of high flexibilty, low labor costs, no barriers for new technologies, young and vibrant society, venture capital, underestimated currency (today about 40 percent to the US Dollar), low taxes, goverment support, and a home market with more than 1.5 billion people for applications, an announcement states.

Via KurrzweilAI.net; the original article is here.

Posted by Phil at September 12, 2003 05:58 AM | TrackBack
Comments

Yeah, I have been expecting something like this to happen. China is jumping into just about everything with both feet. They are making leaps and bounds in the space field, trying to launch a man. They are even working on the new style of space propulsion. They are going to be a big source of competition for us. I think that will be just what our country needs.

Posted by: Tony S. at September 17, 2003 05:28 AM

china in 2004 made a huge step into molecularindustry as i read in the book of
helmut kaiser another world is the titel...
nanochina the study they updated and discribe
300 applications...of nanotechnology and
converging markets..to nano-bio-cogno-info
this is really a race worldwide now..

Posted by: robert norven at May 8, 2004 01:33 AM

* UNIX is a Trademark of Bell Laboratories.
fioricet

Posted by: fioricet at August 15, 2004 09:26 PM
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