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04/05/2021 10:00 AM EDT
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01 Apr 2021 | News
Biden unveils historic $325B research and innovation plan
Massive R&D proposal is part of US President’s ‘once in a generation’ $2.3T infrastructure plan – but opposition will be intense in Congress
US President Joe Biden.
US President Joe Biden on Wednesday unveiled a massive $325 billion research, innovation and pandemic preparedness plan that, if signed into law, would see the country’s biggest increase in its federal non-defence R&D spending on record.
The spending is part of a sprawling $2.3 trillion infrastructure-investment proposal, called the American Jobs Plan, that would direct billions over eight years to initiatives such as charging stations for electric vehicles, boosting broadband coverage, eliminating lead water pipes and repairing ageing bridges. The main plan faces near-unanimous Republican opposition; but historically, science funding often gets broad, bipartisan support in Congress, so odds are that at least some of the R&D
Vendor uproar over China s demand for IT backdoor | IT World Canada Syndicated itworldcanada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itworldcanada.com Daily Mail and Mail on Sunday newspapers.
By LIA ZHU in San Francisco | China Daily Global | Updated: 2021-03-17 10:05 Share CLOSE
The US government s overreaction to the competitive challenges China presents may cause unintended consequences for the domestic tech industry, experts warned.
There are two approaches to the tech competition with China - how to better position the US and how to diminish China s competitive edge, said Anna Ashton, senior director of government affairs at the US-China Business Council. There were an awful lot of actions taken by the Trump administration that were more in the latter camp - they were more about how to confine or slow down China s competitiveness, said Ashton. We weren t yet at the stage of focusing on how to bolster US competitiveness domestically.
China wrong target of tech competition, US experts warn ecns.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecns.cn Daily Mail and Mail on Sunday newspapers.