National Bureau of Statistics: In 2023, a total of 3,357.1 billion yuan was invested in research and experimental development nationwide, an increase of 8.4% year-on-year.

On October 2nd, the National Bureau of Statistics released the 2023 National Science and Technology Funding Statistics Bulletin. The data shows that in 2023, a total of 3335.71 billion yuan was invested in research and development (R&D) nationwide, an increase of 257.42 billion yuan from the previous year, representing an 8.4% growth. The intensity of R&D investment (measured as a ratio to GDP) was 2.65%, an increase of 0.09 percentage points from the previous year. The per capita funding calculated based on the full-time work of R&D personnel was 461,000 yuan. In 2023, national financial expenditure on science and technology was 1,199.58 billion yuan, an increase of 86.74 billion yuan from the previous year, representing a 7.8% growth. Of this, central government expenditure on science and technology was 397.31 billion yuan, accounting for 33.1% of the national total, while local government expenditure on science and technology was 802.27 billion yuan, accounting for 66.9%. Source: National Bureau of Statistics official website, translated by: DeepL.