China’s R&D spending keeps up steady rise as No 1 US seeks further funding cuts

scmp.com

China’s R&D investment grew by 8.2 per cent last year – fuelled by double-digit growth in fundamental science and university funding – in sharp contrast with deep budget cuts across the US research sector. Total investment in research and experimental development crossed 3.9 trillion yuan (US$583 billion) in 2025, “maintaining a trajectory of steady growth”, the National Bureau of Statistics said when releasing the data on Friday. State news agency Xinhua noted on Friday that in the five years...