Abstract:Focusing on the situation that the U.S. has been investing less in R&D than other leading and emerging nations and the support by U.S. enterprises for basic and early applied research has stagnated in contrast to their investments in short-term development, the President’s Council of Advisors on Science and Technology (PCAST) carried out in-depth investigation and described a series of specific opportunities for the Federal Government,universities, and enterprises to strengthen the U.S. research. The report also addressed the two objectives of enhancing long-range U.S. investment in basic and early-stage applied research and reducing the barriers to transform the research achievements into new products, industries, and jobs, which can be the enlightenment to China.