According to Jonathan Adams
Very quietly, China has become the world’s second-largest producer of scientific knowledge, surpassed only by the US, a status it has achieved at an awe-inspiring rate. If it continues on its current trajectory China will overtake the US before 2020 and the world will look very different as a result.
Data from the Organisation for Economic Cooperation and Development shows that between 1995 and 2006, China’s gross expenditure on R&D (GERD) grew at an annual rate of 18 per cent. China now ranks third on GERD, just behind the US and Japan and ahead of any individual European Union state.
As I wrote in “Priorities are objectively measurable”
Your priorities are objectively measurable by how many resources you invest in them, such as, money, effort, attention, thought, creativity, planning, concentration, pain, care and time.
For example, as I wrote here
US gov spends 14 times more on nuclear weapons ($50+ billion!) than on energy research.