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California NanoSystems Institute starts joint venture in China

From an announcement by Zhejiang University in China: “On June 6th morning, 2005, a sign ceremony of establishment of Zhejiang-California International Institute of Nanotechnology was held at the State University Science Park of Zhejiang University. Being invested with 250 million RMB, the Institute is co-constructed by Zhejiang Provincial government, Zhejiang University and the US California Nano-Systems Institute, and it integrates the scientific research, fruit transfer and investing industrialization. The 100 million supported by the government is used to purchasing equipment, setting up research, international cooperation and soliciting human resource…At the Zijingang Campus, areas of 60 acres are planed to be used for construction of the international cooperation platform.” Sixty acres is a significant research campus. And remember, each nanotech research dollar goes six times farther in China.–CP

4 Responses to “California NanoSystems Institute starts joint venture in China”

  1. Phillip Huggan Says:

    China and the rest of Asia are growing nano-players. Organizational synergies with China supplying personnel and other nearby centers providing commerce expertise, look likely in the years ahead.

  2. Novak Says:

    I’m getting slightly tired of the “Dollars go farther in China, so the Chinese are way out in front!” canard. This is a statement born of about 10% truth and 90% desire to fool gullible people into thinking that we need to shovel more government money (more! faster! harder!) lest the Chinese steal Western tech dominance overnight.

    The telling part is that the people pushing that claim the hardest are, natch, the ones who want that money the most.

    Grain of salt, people.

  3. James Le Quynh Says:

    China is a growing economic power. It has just introduced the “Nanotechnology Standardization” Committee to compete with the US and EU, instead with collaborative effort. So, any effort for cooperaative research and development in Nanotechnology with China must be taken with precaution.

  4. Phillip Huggan Says:

    Nanotechnology has rapid turnover in its tool/equipment lifetimes; 2 or 3 years for most sectors. The Chinese economy is likely to be in better shape to facilitate this nano-investment than will be the economies of most western powers a decade from now. Asia is already a semiconductor powerhouse.

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