China progressively moves to the leading place worldwide in the sphere of science and technologies. This conclusion has been made in the report of Technological Institute of Georgia (USA). Since the 80s the Institute monitors the economic development trends in dozens of countries in the world. A special monitoring emphasis is made on generation of a national scientific and technological capability. The American scientists succeeded in developing a special method to assess scientific and technological development prospects.

The condition of each country is assessed by five indicators. One of them describes a capability of the country to export Hi-Tech products. According to the report, China rates No.1 worldwide in 2007 by this indicator. Its value for the Chinese economy calculated by the American method is 82.8 as of today while it was only 22.5 in 1996.

The value of the respective indicator for the USA is 76.1, for Germany – 66.8 and for Japan – 66.0. In the opinion of the scientists the American economy reached its peak in 1999 when the aforesaid indicator was 95.4. Currently it steadily declines.

By other four indicators China still lags behind the USA, but the trend to decrease of the gap is explicit. The Chinese production potential value is 85.2 versus 93.4 of the USA. The values of the technological infrastructure index of the two countries are 60.0 and 95.5 respectively. The value of the Chinese social economic infrastructure index is 61.2 versus 87.9 of the USA. China is catching up America also by the national orientation index, which value is 62.6 for China versus 78.0 for the USA.

The Chinese technological breakthrough has started just recently. Petr Kozma, an expert of the “Open Economy” Center says: “In the 90s many analysis of the West believed that the Chinese nation is not creative. In the Middle Ages they invented powder and paper, and later all their creativity vanished, and China became a country to manufacture fakes only".

In the opinion of the expert, the catching-up development model is good because it makes possible to avoid mistakes of others. China used this model successfully for a long time, the country was active in industrial spying and investing into the Hi-Tech sectors of the American economy, first of all, into the aerospace and defense industries.

It provided China with a possibility to create its own research centers. Chinamen, who left for the USA for training, started returning back. By that time, the country already had a technological stock to start the work.

"That period witnessed a rapid progress of technological parks. Today, China has thousands of them. The country became capable of making the breakthrough in the Hi-Tech market”, Petr Kozma emphasized. According to the World Bank, China also climbed 29 points within 12 years in the knowledge economy rating. According to analysts, yet the country occupies today the modest 75-th position, now the way to the top will be much faster.

Due to its huge scientific potential and cheap labor power China succeeded in reversing the existing trends in development of its economy, and outrun “the Asian tigers”: Singapore, Taiwan and South Korea. And while many countries developed by jumps, China featured a progressive and steady growth. It was preconditioned by such favorable factors as huge production capacities, satisfactory economic situation and excellent technological infrastructure.

Pavel Kanishev, an expert of portal “Eurasia”, notes: “The data of the American scientists confirm in general our forecasts. I would say more: the USA is on the edge of an economical, military, strategic and humanitarian collapse. On the other hand, due to the globalization the economic and political processes in the modern world are so interconnected that the collapse of the West may become a fatality for the rest of the world.

In this situation the winner will be a nation that will be able to effectively combine its high development level with a required degree of unilateralism. The inclusion in the global system should be of a discriminating nature - a political entity should enjoy an immunity to all negative factors of the information epoch. It can be guaranteed only if the nation has a strong internal core that does not relate to the economy and provides for organization of the society life at all levels. China meets all these requirements; it is a state of future, a state, which will survive the new Flood. Russia also has this capability but develops it still very randomly”.