Core Insights - In 2024, China's total R&D expenditure is projected to exceed 3.6 trillion yuan, reaching 36,326.8 billion yuan, representing an 8.9% increase from the previous year, indicating a stable growth trend [1] - China's R&D expenditure intensity (R&D expenditure as a percentage of GDP) is expected to be 2.69%, an increase of 0.11 percentage points from the previous year, maintaining a rapid upward trend [1] R&D Expenditure Breakdown - In 2024, the breakdown of R&D expenditure includes 2500.9 billion yuan for basic research, 4305.5 billion yuan for applied research, and 29,520.4 billion yuan for experimental development, with respective growth rates of 10.7%, 17.6%, and 7.6% [2] - Basic research funding has reached a historical high, accounting for 6.88% of total R&D expenditure, second only to the United States [2] Contribution by Sector - Enterprises account for over 75% of total R&D funding, contributing 77.1% to the overall growth, making them the primary driver of R&D expenditure in China [3] - R&D funding in high-tech manufacturing and equipment manufacturing sectors grew by 10.2% and 10.5%, respectively, outpacing the overall growth rate of large-scale enterprises [3] Fiscal Support and Regional Development - National fiscal science and technology expenditure for 2024 is set at 12,629.2 billion yuan, a 5.3% increase from the previous year, focusing on basic research and scientific research facilities [4] - R&D expenditure in eastern, central, western, and northeastern regions of China grew by 9.0%, 8.4%, 9.2%, and 8.6%, respectively, indicating effective regional collaborative development [4][6] Regional Highlights - The Beijing-Tianjin-Hebei and Yangtze River Delta regions reported R&D expenditures of 4866.8 billion yuan and 11,238.8 billion yuan, with growth rates of 9.2% and 10.5% [5] - Twelve provinces (or municipalities) have R&D expenditures exceeding 100 billion yuan, with six surpassing 200 billion yuan, maintaining the same level as the previous year [6] Future Directions - The focus will be on expanding R&D funding channels and enhancing tax reduction policies, alongside developing a comprehensive support system for technology finance [7]
研发经费总量稳定增长 基础研究投入再获突破
Sou Hu Cai Jing·2025-09-30 07:54