China's spending on R&D reaches new high in 2021
Share - WeChat


BEIJING -- China's spending on research and development (R&D) hit a new high of 2.44 percent of its gross domestic product (GDP) in 2021, up 0.03 percentage points from the previous year, official data showed Wednesday.
The country's total expenditure on R&D amounted to about 2.79 trillion yuan (about $441.13 billion) last year, up 14.2 percent year on year, according to a report released by the National Bureau of Statistics (NBS).
After deducting price factors, China's R&D spending in 2021 rose 9.4 percent year on year, said the NBS.
- China making big strides in brain-computer interface tech
- SCO forum on people-to-people friendship, forum on friendship cities open in NE China
- Codebreakers of tomorrow
- Fur love's pake
- 329 rivers exceed warning levels as China enters main flood season
- Chairman of ruling party of Mauritania hails CPC's governance