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China has been gaining global market share in hi-tech industries at the expense of the United States, according to a new report, as the race for tech supremacy between the two countries heats up.
Measured across key seven sectors, China’s share of the advanced technology market leapt from less than 4 per cent in 1995 to 21.5 per cent in 2018, said the Information Technology & Innovation Foundation (ITIF) on Wednesday.
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