If there is any doubt that some entities within China see the potential of design (namely Hong Kong's government), get a load of the prize money for the Hong Kong Young Design Talent Awards.
Two winners are awarded $64,000 for a one-year stint at an overseas design institution while three others get $32,000 for 6-month stints.
Remember the photos of Raymond Loewy and President Kennedy sitting on the floor of the oval office working on the (graphic) design of Air Force One?
How many US senators today do you think know what industrial design is?
Click here for more info on these and other winners.