Meanwhile, Singapore, the U.K., Japan, South Korea, China, India and others are increasing research budgets as much as 20 percent a year. China, whose economy is less than half the size of ours, has pledged $308.5 billion just to biotechnology research over the next five years, compared with a projection of less than $200 billion for all programs of the NIH and NSF combined.
http://articles.baltimoresun.com/2013-03-21/news/bs-ed-nih-20130321_1_nih-grants-medical-research-scientists