China

China's become a major player in the global economy as it has started a more market-oriented economy. Its exports - commodities are such as machinery and equipment, apparel, optical and medical equipment, iron and steel.

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Electronics Industry
Events in China continue to dominate the global electronics industry. The country is forecsat to accounted for nearly 25.5% of global output in 2008, compared to 3% in 1995. China has been boosted by a growing indigenous industry and an influx of overseas manufacturers looking for substantial cost savings. The growing domestic market is forecast to account for very nearly 17.5% of the global total by 2011, further fuelling overseas investment. The rate of growth of production is slowing from an 19% in 2007 to 9% in 2008 as export demand weakens. Market report, entitled "Electronics Industry in China" provides information about the Chinese economy, industry structure, and electronics production data.

Nanotechnology
China is a significant world player in science and technology. It the third largest R&D performer behind the USA and Japan; and possesses the world’s second largest number of researchers; again behind the USA. China has also initiated a 15 year “Medium- to Long-Term Plan for the Development of Science and Technology." This calls for China to become an "innovation-oriented society" by the year 2020 and a world leader in science and technology by 2050. "New Materials" is a Frontier area, and nanotechnology has been identified as one of the four science megaprojects as part of the plan (the other areas are: Development and reproductive biology; Protein science; and Quantum research).

Environment
China is facing severe environmental problems stemming from its overuse of natural resources, dense population, rapid industrial growth, heavy reliance on coal, outdated technology, under-priced water and energy, and insufficient infrastructure. According to the World Bank, China had 20 of the world’s 30 most polluted cities in 2004. However, the central government of China has been making the environment issue more and more of a priority. As part of the 11th Five Year Plan, the government believes an estimated $225 billion, or 1.5% of projected GDP over the period, will be spent on environmental protection.