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National Bureau of Statistics: In 2024, the country's total expenditure on research and experimental development reached 3,626.8 billion yuan, an increase of 8.9% year-on-year.

date
29/09/2025
According to the Wise Finance APP, on September 29th, the National Bureau of Statistics released the Statistical Bulletin on the national science and technology funding in 2024. In 2024, the total investment in Research and Development (R&D) funds nationwide was 3,632.68 billion yuan, an increase of 296.97 billion yuan from the previous year, an increase of 8.9%; the intensity of investment in Research and Development (R&D) funds (compared to the Gross Domestic Product) was 2.69%, an increase of 0.11 percentage points from the previous year. The per capita funding calculated based on the full-time workload of Research and Development (R&D) personnel was 480,000 yuan, an increase of 19,000 yuan from the previous year.
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