China's bid to become a global nanotech leader: advancing nanotechnology through state-led programs and international collaborations

Abstract

Nanotechnology is predicted to be a US$2.6 trillion market by 2014. China, along with some 40 other countries, is investing in nanotechnology as a major key to global economic competitiveness. This paper reviews recent efforts by the Chinese government to become a world leader in nanotechnology, from fundamental research to the incubation of commercial products. Its findings are based on Chinese government reports, existing studies, and interviews with leading Chinese academicians, scientists and engineers, and policy-makers. We conclude that while China has made strides on such indicators as scientific publications and some commercial sectors, the long-term returns on this effort remain uncertain. While the combination of international collaboration and increased public investment in nanotechnology holds promise for advancing nanoscience in China, most commercial returns still appear to be a long way off. Copyright , Beech Tree Publishing.