Its ascent to global economic dominance, China's yearly R&D growth rate of 20% from 1995 to 2003

exceeded that of all other Asian countries. This was higher than Taiwan's average growth rate of 10%,
South Korea's average growth rate of 7%, Singapore's growth rate of 15%, and all other countries
combined.

China's government's proclamation of education, science, and technology as strategic engines of

sustainable economic development may be one factor contributing to the country's notable growth rate
in R&D. China already has a significant presence in the high-technology market, luring capital from the
biggest firms in the world.

In Japan, science and technology have fueled the nation's quick industrial, economic, and social growth.
As far back as the Meiji era, Japan has a rich history and tradition of scientific study and development. But
following the Second World War, science and technology advanced quickly, which had an impact on the
development of automobiles, consumer electronics, robots, medical technology, space exploration, and
the film industry. Japan's world-class educational system and higher education institutions play a part in
the nation's embrace of technological innovation and support the growth of engineering talent. Japan has
made advancements in a variety of industries thanks to strong support for research and development,
including television display technologies, optical clocks, videogames, and television engines. In the fields
of robotics, natural sciences, aerospace exploration, and biomedical research, Japan is likewise highly
developed and a world leader. Japan improved from 16th place in 2020 to 13th place in 2021 according
to the World Intellectual Property Organization's Global Innovation Index.