China's 2024 R&D Investment Tops RMB 3.6 Trillion, Leading the World in R&D Personnel Count
3 day ago / Read about 0 minute
Author:小编   

On September 18, 2025, at 3 p.m., the Information Office of the State Council convened a press conference centered on the theme of "Achieving High-Quality Completion of the 14th Five-Year Plan." During the event, Yin Hejun, the Minister of Science and Technology, highlighted China's remarkable strides in scientific and technological innovation and development over the course of the 14th Five-Year Plan period. He also addressed inquiries from journalists. Throughout the 14th Five-Year Plan era, China has witnessed a steady rise in its scientific and technological investment. Specifically, in 2024, the nation's total R&D expenditure surpassed RMB 3.6 trillion, marking a substantial 48% increase compared to the figures from 2020. The intensity of R&D investment reached 2.68%, outpacing the average level of EU member states. Moreover, China boasts the largest pool of R&D personnel globally.