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Spelling, grammar, and general cleanup, typos fixed: privately- → privately , high profile → high-profile
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The modern Chinese economy has benefited from investments from Taiwan and Hong Kong. They jumped far ahead of China by 1970 in terms of technology, and in recent years have invested in mainland industries.  
 
The modern Chinese economy has benefited from investments from Taiwan and Hong Kong. They jumped far ahead of China by 1970 in terms of technology, and in recent years have invested in mainland industries.  
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These two factors have changed Chinese economy, from a command economy to a more socialist state, with the Chinese economy increasingly in the hands of privately-owned businesses, not state- or military-run enterprises. The 2001 declaration by Jiang Zemin (former leader of the Communist Party) of the "theory of three represents"—that the CCP represents not only workers, but also intellectuals and entrepreneurs—was an explicit affirmation of what had been a trend for the previous years
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These two factors have changed Chinese economy, from a command economy to a more socialist state, with the Chinese economy increasingly in the hands of privately owned businesses, not state- or military-run enterprises. The 2001 declaration by Jiang Zemin (former leader of the Communist Party) of the "theory of three represents"—that the CCP represents not only workers, but also intellectuals and entrepreneurs—was an explicit affirmation of what had been a trend for the previous years
    
[[File:National Stadium, Beijing.jpg|thumb|250px|National Stadium, Beijing.]]
 
[[File:National Stadium, Beijing.jpg|thumb|250px|National Stadium, Beijing.]]
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Chinese science strategists see China's greatest opportunities in newly emerging fields such as biotechnology and computers, where there is still a chance for China to become a significant player. Most Chinese students who went abroad have not returned, but they have built a dense network of trans-Pacific contacts that will greatly facilitate U.S.-China scientific cooperation in coming years. The U.S. space program is often held up as the standard of scientific modernity in China. China's small but growing space program, which successfully completed their second manned orbit in October 2005, is a focus of national pride.  
 
Chinese science strategists see China's greatest opportunities in newly emerging fields such as biotechnology and computers, where there is still a chance for China to become a significant player. Most Chinese students who went abroad have not returned, but they have built a dense network of trans-Pacific contacts that will greatly facilitate U.S.-China scientific cooperation in coming years. The U.S. space program is often held up as the standard of scientific modernity in China. China's small but growing space program, which successfully completed their second manned orbit in October 2005, is a focus of national pride.  
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The U.S.-China Science and Technology Agreement remains the framework for bilateral cooperation in this field. A 5-year agreement to extend the Science and Technology Agreement was signed in April 2006. The Agreement is among the longest-standing U.S.-China accords, and includes over eleven U.S. Federal agencies and numerous branches that participate in cooperative exchanges under the S&T Agreement and its nearly 60 protocols, memoranda of understanding, agreements and annexes. The Agreement covers cooperation in areas such as marine conservation, renewable energy, and health. Biennial Joint Commission Meetings on Science and Technology bring together policymakers from both sides to coordinate joint science and technology cooperation. Executive Secretaries meetings are held biennially to implement specific cooperation programs. Japan and the European Union also have high profile science and technology cooperative relationships with China.
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The U.S.-China Science and Technology Agreement remains the framework for bilateral cooperation in this field. A 5-year agreement to extend the Science and Technology Agreement was signed in April 2006. The Agreement is among the longest-standing U.S.-China accords, and includes over eleven U.S. Federal agencies and numerous branches that participate in cooperative exchanges under the S&T Agreement and its nearly 60 protocols, memoranda of understanding, agreements and annexes. The Agreement covers cooperation in areas such as marine conservation, renewable energy, and health. Biennial Joint Commission Meetings on Science and Technology bring together policymakers from both sides to coordinate joint science and technology cooperation. Executive Secretaries meetings are held biennially to implement specific cooperation programs. Japan and the European Union also have high-profile science and technology cooperative relationships with China.
 
====Internet====
 
====Internet====
 
U.S. Secretary of State Hillary Clinton has criticized Chinese censorship and restrictions on the Intrernet, and China is pushing back since the Communist Party considers Internet control essential if it is to keep power and avoid elections. The government has denied suggestions by Google that a major, sophisticated assault on Google in late 2009 was sponsored by the government. The attack targeted email accounts used by dissidents, the weak point in China's political dictatorship. Google is threatening to ignore the censorship policies demanded by the government, and perhaps leave the country.  The Communist Party promotes Internet use for commerce, but heavily censors content it deems pornographic, anti-social or politically subversive and blocks many foreign news and social media sites, including Twitter Facebook, and YouTube.
 
U.S. Secretary of State Hillary Clinton has criticized Chinese censorship and restrictions on the Intrernet, and China is pushing back since the Communist Party considers Internet control essential if it is to keep power and avoid elections. The government has denied suggestions by Google that a major, sophisticated assault on Google in late 2009 was sponsored by the government. The attack targeted email accounts used by dissidents, the weak point in China's political dictatorship. Google is threatening to ignore the censorship policies demanded by the government, and perhaps leave the country.  The Communist Party promotes Internet use for commerce, but heavily censors content it deems pornographic, anti-social or politically subversive and blocks many foreign news and social media sites, including Twitter Facebook, and YouTube.
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