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China: Tech Superpower; Growth opportunities abound for businesses

In a recent brief article by Patrick Di Justo published in Wired, he uses data provided by China Statistical Yearbook, National Science Foundation, and the UN. According to his findings, China ranks at the top in:

1. Exports of Telecom equipment (2002)

2. Export of Electronics (2002)

3. Export of Assembled computers (2002)

4. Number of engineering graduates (2001)



Potential areas for China to grow: nano-technology, stem cell research, pharmaceuticals along with its continued dominance in manufactured goods.



Wow, that means that apart from software, management services, and support services (which seem to be India's domains), China is well-positioned in some of the fastest growing business segments.



If you are a business leader of a company of literally any size, China should be in your growth matrix.



And finally, all the more reason to transform American economy into a "wisdom economy".