India Intelligence Report

China Predicts 9% GDP Growth


Leading research institution Chinese Academy of Sciences published a China Modernization Report 2006, which predicted that with 9% GDP growth, China would challenge US scientifically and militarily. It said that 2050, China would have move 80 million of poverty, raised life expectancy to 80, relocated 500 peasants to cities, and increased average income to USD 1,300 a month. In a separate report, the State Council (China's Cabinet) announced plans to boost investments in clean energy, nuclear power, and 14 other areas of scientific research. It recommends 2.5% of GDP investment in research and development by 2020.

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