According to Hong Yaxiong, deputy director of the department of policy for China’s State Environmental Protection Administration (SEPA), a new environmental ministry is likely to be created during the Eleventh National People’s Congress in March. The new ministry would assume SEPA’s duties and could also include the environmental duties of the Ministry of Land and […]
The Russian Cabinet approved a plan (see IBO 5/31/07) to increase sales in Russia’s nanotechnology sector from RUB 7 billion ($273.9 million) in 2007 to RUB 900 billion, or 3% of the global nanotechnology market, by 2015. The plan will support research and increase the number of businesses involved in the sector. At present, there […]
: Last month, the Chinese legislature passed a revision of its 1993 Science and Technology (S&T) Progress Law. According to the revised law, China’s overall R&D spending in the public and private sectors should increase steadily each year. Current plans state that China’s R&D spending will account for 2.5% of its GDP by 2020. The […]
The Science and Technology (S&T) budget for Japan’s fiscal year 2008 (April 1, 2008–March 31, 2009) was approved in December 2007 and totals ¥3.57 trillion ($32.5 billion), an increase of 1.7% (see IBO 1/15/08). Sixty-five percent of S&T spending will go to the Ministry of Education, Culture, Sports, Science and Technology (MEXT). Within the MEXT, […]
Although recent financial difficulties have curtailed global GDP growth estimates for 2008, the Organization for Economic Cooperation and Development (OECD) argues that the US subprime mortgage crisis, slowdowns in worldwide housing markets, and rising energy and commodity prices are all occurring within a generally robust global economy that is benefiting from high employment rates, strong […]
In 2006, total R&D spending was SGD 5,010 million ($3,154.3 million), or 2.39% of GDP. Forty-three percent of this spending went to R&D personnel, other operating costs accounted for 39% and capital expenditure made up 18%. Two-thirds of total R&D spending came from private industry and 12%, 11% and 10% came from public research institutes, […]
According to government estimates, 2007 Canadian R&D spending reached almost CAD 29.0 billion ($27.1 billion), a 3.3% increase over 2006’s CAD 28.1 billion ($24.8 billion). Academia accounted for 50.0%, or CAD 459 million ($428.2 million) of the increase, and industry accounted for 45.4%, or CAD 416 million ($388.1 million). Industry was the largest performer of […]
The Qatar National Research Fund (QNRF) announced the first winners of its $25 million in research awards. A component of Qatar’s efforts to improve the profile of its research in the international community and to increase its research-to-R&D spending percentage, the National Research Priorities Program (NPRP) funds projects for three years. A total of $10 […]
In November, Luiz Inácio Lula da Silva, the president of Brazil, announced a three-year, $28 billion funding package for science and technology. This spending increase would push science spending in Brazil up to 1.5% of GDP, up from current spending of approximately 1% of GDP. The new science plan focuses particularly on supporting private industry’s […]
Although the safety of Chinese food exports to the US has garnered the most attention this year, drug safety has also been high on the agenda of both countries. The prominence of these issues culminated in the countries signing two memoranda of agreement on December 11: one focused on food safety (see page 11) and […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
