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White House official: China R&D investment now half of U.S.

dcblogs (1096431) writes | about 6 months ago

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dcblogs (1096431) writes "President Barack Obama's fiscal 2015 budget plan would increase federal R&D spending by 1.2% over this year, if Congress approves. The Computing Research Association, in a blog post, called the budget request "underwhelming for science." John Holdren, White House senior adviser on science and technology policy, said that research spending on science and technology "is doing better than might have been expected" given budget constraints. But Holdren added that the U.S. is getting more R&D competition. "It is true that China, for example, has been increasing its investments at a very high rate and is now sitting at about half the investment of the United States," said Holdren. "That gap will narrow further if China continues to boost its investments in that way.""
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