/man, i didnt know about this until read this article.
China led the world in high-tech exports in 2006 ($US 271 billion), with the US running second ($US 219 billion) and Germany third ($US 155 billion). (IMD World Competitiveness Yearbook 2008, p. 438).
however, on another article i read the other day, it mentioned that a lot of the r&d of many of
higher-end products (coming out of china) were done in taiwan, japan, usa, etc.
but im confident things are moving faster on the china's own r&d arena.
give it another 5-10 yrs, that ought to do it