It is particularly important in the light of reports in the media that Europe is rapidly losing ground to the US in the hi-tech growth industries of the future.
1	It	it	PRON	PE	Number=Sing|Person=3|PronType=Prs	4	expl	_	_
2	is	be	AUX	V	Mood=Ind|Number=Sing|Person=3|Tense=Pres|VerbForm=Fin	4	cop	_	_
3	particularly	particularly	ADV	B	_	4	advmod	_	_
4	important	important	ADJ	A	Degree=Pos	0	root	_	_
5	in	in	ADP	E	_	9	case	_	_
6	the	the	DET	RD	Definite=Def|PronType=Art	5	fixed	_	_
7	light	light	NOUN	S	Number=Sing	5	fixed	_	_
8	of	of	ADP	E	_	5	fixed	_	_
9	reports	report	NOUN	S	Number=Plur	4	obl	_	_
10	in	in	ADP	E	_	12	case	_	_
11	the	the	DET	RD	Definite=Def|PronType=Art	12	det	_	_
12	media	medium	NOUN	S	Gender=Masc|Number=Plur	9	nmod	_	_
13	that	that	SCONJ	CS	_	17	mark	_	_
14	Europe	Europe	PROPN	SP	_	17	nsubj	_	_
15	is	be	AUX	VA	Mood=Ind|Number=Sing|Person=3|Tense=Pres|VerbForm=Fin	17	aux	_	_
16	rapidly	rapidly	ADV	B	_	17	advmod	_	_
17	losing	lose	VERB	V	VerbForm=Ger	4	csubj	_	_
18	ground	ground	NOUN	S	Number=Sing	17	obj	_	_
19	to	to	ADP	E	_	21	case	_	_
20	the	the	DET	RD	Definite=Def|PronType=Art	21	det	_	_
21	US	US	PROPN	SP	_	17	obl	_	_
22	in	in	ADP	E	_	26	case	_	_
23	the	the	DET	RD	Definite=Def|PronType=Art	26	det	_	_
24	hi-tech	hi-tech	ADJ	A	Degree=Pos	25	amod	_	_
25	growth	growth	NOUN	S	Number=Sing	26	nmod	_	_
26	industries	industry	NOUN	S	Number=Plur	17	obl	_	_
27	of	of	ADP	E	_	29	case	_	_
28	the	the	DET	RD	Definite=Def|PronType=Art	29	det	_	_
29	future	future	NOUN	S	Number=Sing	26	nmod	_	SpaceAfter=No
30	.	.	PUNCT	FS	_	4	punct	_	_
