The markets in china for nanotechnology products and systems is 5.4 billion USD in 2005 and will increase to 31.4 billion USD by 2010 and 144.9 billion USD by 2015. The main segments are nanomaterials, nanoelectronics, nanobio and nano-life-sciences which count already for 70 % of the turnover. The market share (worldmarket) will be more then 6 % by 2010 and 16 % by 2015. Like no other country china understood that to win the race depends on finished products through Nano-Bio-Cogno-Info convergence and not on nano science mainly. Second but maybe even more important, there are no ethical restrictions or social controversy on developing and using nanotechnologies for new products and systems.
China is now one of the world leaders in terms of its number of newly registered nanotechnology firms, nanotechnology publications and nanotech related patents. For more information see www.hkc22.com.
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