CGTN published this video item, entitled “Endless Frontier Act on China-U.S. Tech Race” – below is their description.
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Competition between the United States and China is heating up. The U.S. plans to bolster spending on research and development in technology and innovation. The Endless Frontier Act, first introduced last year, would invest $100 billion in science and education over a five-year period. Washington wants to focus on areas, such as artificial intelligence, semiconductors, biotechnology and cyber-security. The bill enjoys bipartisan support, and passed the Senate Committee on Commerce, Science and Transportation on May 12. It now awaits approval by the Senate. Experts have described it as a way for the U.S. to strengthen its security and compete with China. Could it lead to a fierce technology rivalry?
CGTN YouTube Channel
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