""Everything in China in research-it is three times the speed, half the cost," Bourla said, highlighting the dramatic shift in the Nature Index, which tracks research output by institutions."
""They built their science," Bourla stated, noting that China's deliberate efforts in modernizing regulations and increasing funding have created a competitive research ecosystem."
""Right now, I think they are not at the same level as the U.S., but they are very close," Bourla warned, predicting that China's rapid advancements could lead to them surpassing the U.S. by the decade's end."
Chinese universities are increasingly dominating global research, with nine of the top ten spots in the Nature Index now held by them. Pfizer CEO Albert Bourla emphasized that China's research ecosystem operates at three times the speed and half the cost of its Western counterparts. This shift is attributed to China's modernization of regulations, strengthening of intellectual property, increased funding, and reduced bureaucracy. While the U.S. still leads in high-quality research, Bourla warns that China's rapid progress could surpass the U.S. by the end of the decade.
Read at Fortune
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