https://en.people.cn/n3/2026/0305/c90000-20432287.html

According to the Minister of Science and Technology, Yin Hejun, China’s total R&D investment exceeded 3.92 trillion yuan (about 569 billion U.S. dollars) in 2025, reaching 2.8 percent of GDP. Basic research funding last year hit nearly 280 billion yuan, accounting for 7.08 percent of total R&D spending — a historic first surpassing the 7 percent threshold

According to the major development targets for the 2026-2030 period, China projects an annual average increase of at least 7 percent in nationwide R&D spending. China will build three international centers for sci-tech innovation and turn them into world-class innovation engines.

The country also proposes raising its value added of core digital economy industries to 12.5 percent of GDP over the next five years.