, known as the United States Innovation and Competition Act or USICA, although it was supported by

WASHINGTON( REUTERS)-The US House of Representatives Foreign Affairs Committee has scheduled a meeting next Wednesday( June 30) to consider sweeping legislation to boost economic competitiveness and push Beijing on human rights, part of an ongoing effort in Congress to address competition with China. Committee aides said on Thursday the panel would mark up-or debate and consider amendments to-the" Ensuring American Global Leadership and Engagement Act," or Eagle Act, at a meeting at 1pm EDT on J

With the onset of the sixth wave of technological innovation , the share of science-intensive production in the modern world economy is steadily growing. In Singapore, Japan, the Republic of Korea and Taiwan, the high-tech sector already contributes over 60% of GDP.