Statistics: China's R&D spending intensity builds up in 2021
Updated: September 2, 2022 07:19 Xinhua

BEIJING — China's research and development (R&D) spending intensity, or the expenditure on R&D as a percentage of its gross domestic product, built up to 2.44 percent in 2021, shows a yearly statistical bulletin.

The rate, jumping from 1.91 percent in 2012, ranks the top among developing countries and is higher than the European Union's average level, said Liu Huifeng, a researcher from the Chinese Academy of Science and Technology for Development.

In 2021, China invested 2.8 trillion yuan (about $405 billion) in R&D, rising 14.6 percent over that of 2020. Over 2 trillion yuan, or nearly 77 percent, was funded by the enterprises, according to the country's R&D bulletin in 2021 released on Sept 31.

China is expected to spend more than 3 trillion yuan on R&D in 2022, said Liu.

Liu added that China's R&D spending from the corporate sector was the second largest in the world last year.

The country's investment in basic research in that year totaled 181.7 billion yuan, a 23.9 percent year-on-year increase, shows the bulletin. It accounted for 6.5 percent of the overall R&D spending, maintaining a 6-plus percentage growth for three consecutive years.

Provincially, the R&D spending in Guangdong, Jiangsu, Beijing, and Zhejiang stood in the first echelon, exceeding 200 billion yuan each.

A slew of provinces in central and western China, including Hubei, Hunan, Sichuan, and Henan, rose to the 100-billion-yuan club in R&D spending, according to the bulletin.

Copyright© | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to

Without written authorization from, such content shall not be republished or used in any form.



Copyright© | Contact us

Website Identification Code bm01000001

Registration Number: 05070218