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Significant Growth Strengthens China’s Position in the Global Science and Technology Arena
The China reinforced its bet on innovation by investing 3.63 trillion yuan in research and development in 2024.
According to the National Bureau of Statistics of China (September 29, 2025), this amount represents a growth of 8.9% compared to 2023.
The result confirms the trend of continuous expansion of resources dedicated to science and technology.
Furthermore, the investment intensity reached 2.69% of the national GDP, a result that marks an advance of 0.11 percentage points compared to the previous year.
This growth even exceeded the annual average projected in the 14th Five-Year Plan, reinforcing the country’s strategic commitment.
Consistent Progress in Basic and Applied Research
Official data show that funding for basic research reached 250.09 billion yuan in 2024.
This amount represented an increase of 10.7% over 2023.
In this category, China already holds the second-largest global volume of investments, trailing only the United States.
At the same time, resources for applied research amounted to 430.55 billion yuan, registering substantial growth of 17.6%.
Additionally, experimental development absorbed 2.95 trillion yuan, representing an increase of 7.6% compared to the previous period.
Record Distribution and Increased Corporate Participation
Investments in science and technology accounted for 6.88% of the total national resources allocated to research and development.
This was the largest percentage ever recorded in the country’s history.
In this context, companies received the largest share, approximately 2.82 trillion yuan in 2024.
At the same time, government research institutions obtained 423.16 billion yuan.
Meanwhile, universities and higher education institutions were awarded 306.55 billion yuan, strengthening cooperation between academia, government, and the productive sector.
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Strategic Expansion in All Innovation Sectors
According to official data, investments covered various sectors and research areas throughout Chinese territory.
They were directed from fundamental studies to practical applications and experimental development.
This way, the Chinese strategy ensures structural advances in applied science, industrial technology, digital innovation, and clean energy.
These areas are considered a priority within the national strategic plan.
In this way, the country consolidates its trajectory of technological and scientific expansion on a global scale.
Direct Impacts on the International Scene
The numbers confirm that China is maintaining a rapid growth rate in research and development.
Thus, the country solidifies its position as one of the world’s main innovation hubs.
In 2024, trillion-yuan investments intensified funding for basic, applied, and experimental research.
The country reinforced its strategic position in the global competition for technological leadership.
The progress recorded since the beginning of the 14th Five-Year Plan shows that China’s innovation policy remains solid and integrated with national economic growth.
