From China Daily:

China is on the way to becoming a scientific superpower, thanks to the massive increase in its spending on research and the return of an increasing number of its scientists from abroad, a leading British think tank has said.

The report by London-based Demos, The Atlas of Ideas: Mapping the New Geography of Science, however, doesn’t give a specific year when China would achieve that status.

But according to China’s plan, it will reshape itself as an innovative nation by 2020, and could become a scientific superpower by 2050.

Nevertheless, the Demos report warns that China’s long-term progress could be hampered by its rigid institutional system. [Full Text]