Sarahnkwok's List: The Economy

• The World Bank estimates that increasing migration equal to 3% of the workforce in developed countries between 2005 and 2025 would generate global gains of $356 billion.
• mmigrants have made up more than three times as many Nobel Laureates, National Academy

• "National 12th Five-Year Plan on Science and Technology Development" last week (in Chinese).
• • Total investment in R&D hit nearly 700 billion yuan in 2010, tripling from 2005. 
  • R&D personnel grew 13% from 2005 to hit 2.6 million in 2010; meanwhile, 156 new research labs were built, bringing the total to 333.  
  • It has 83 national new high-tech zones that created total economic output of 7.6 trillion yuan.
• This massive plan overlaps with and trumpets the anticipated "emerging strategic industries" plan, where clean energy and electric vehicles are specified as two of the key sectors

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