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China's next goal: Global leadership in innovation

Wednesday, December 10, 2025
Long-time readers may recall the SSTI Weekly Digest article included in its May 30, 2005, edition, two decades ago, titled "China's Goal: Quadruple 2000 GDP by 2020." China made it by the way, growing 428 percent from 2000 to 2020, measured with purchasing power parity (PPP) in constant 2021 international dollars. The United States, for comparison, grew only 44 percent in the same period and has trailed China in GDP PPP on the international scale ever since sometime in 2021. As the chart using Word Bank data shows below, China has never looked back.
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Four steps for a bipartisan effort to outcompete China

Thursday, November 19, 2020

While economic development tends to be nonpartisan at the state level, many states are limited in their ability to fund innovative programs. In order to fund efforts that may serve as part of a national development strategy, Congress should use the bipartisan support of state efforts to establish and expand federal-state development partnerships and a strategy focused on countering China’s rise in advanced industries.

While economic development tends to be nonpartisan at the state level, many states are limited in their ability to fund innovative programs. In order to fund efforts that may serve as part of a national development strategy, Congress should use the bipartisan support of state efforts to establish and expand federal-state development partnerships and a strategy focused on countering China’s rise in advanced industries. That is the sentiment behind a recent roadmap from the Information Technology & Innovation Foundation (ITIF) that proposes four things Congress should do to align state efforts to an overall mission of outcompeting China.

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Slowing Q1 VC investment could mean more selective investors and difficult fundraising

Wednesday, May 6, 2026
Venture capital investments so far in 2026 are showing the same trends as 2025, with more funding going to fewer companies. According to PitchBook, quarterly U.S. VC investment totaled $267 billion, with the five largest deals raising a combined $195 billion, or over 73% of all Q1 capital. The heavy bias toward the top deals underscores the importance of narrowing the deal segments to understand what trends are faced by the majority of companies.  
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