China-US tech rivalry: Beijing plans to restructure national labs, boost investment in scientific research

China is planning to realign hundreds of “state key laboratories” with the country’s technology priorities and articulate a 10-year programme to boost spending on fundamental science research, as Beijing rolls up its sleeves in competing for tech dominance against the United States.At the national technology working conference on Tuesday, the Ministry of Science and Technology said China will carry out a systemic restructuring of the country’s national key labs and release a 10-year plan to…

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