This new report from the Institute for Scientific Information charts the exceptional research trajectory that China has followed over the last 40 years. During this time China has transformed its research economy, with its spending on research growing 400-fold. Its remarkable level of investment in research now exceeds that of the E.U. and is swiftly approaching parity with the U.S. China’s influence is profound, reshaping the research landscape in the Asia-Pacific region and recalibrating the global balance of capacity and innovation. Key findings cover: