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Expenditure on research and development of government appropriation funds in China rises in 2017

In comparison to the same time an year ago the variable climbed by 7.31 percent, refreshed data from China National Statistical Office reveal. It's the highest ever noticed since 2003 as expenditure on research and development grew by 135.31 hundred million Yuan Renminbi, as it follows the tendency of the previous year when it increased by 2.71 percent. The overall changes for the prior 15 years reached a rise of 520.27%. Furthermore, it has had an increase at a 0.06 percent compound annual growth rate during the last 5 years with a modest overall raise since the start of time series. It averaged 1 056.76 hundred million Yuan Renminbi from 2003 to 2017 and it attained its minimum of 320.33 hundred million Yuan Renminbi in 2003.

Expenditure on research and development of government appropriation funds in China rises in 2017
Date Hundred Million Yuan Renminbi Variation
2017 1 986.91 7.31
2016 1 851.60 2.71
2015 1 802.69 14.02
2014 1 581.00 6.74
2013 1 481.23 14.58
2012 1 292.71 16.87
2011 1 106.12 6.72
2010 1 036.50 22.01
2009 849.50 21.41
2008 699.70 18.01

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