China as an emerging economy, her pace of progress is accelerating.
Economy develops, first by imitation. R&D is Repeat and Duplicate. Until one can do what others can do, there is no way to join the innovation bandwagon. Once one has mastered all the techniques, innovation can start.
After 30 years of importing technology, China is now poised to create her own. The story of high speed rail may shed a light of what is her strategy.