The forecast for total internal R&D personnel in the manufacture of machinery and equipment in China shows a steady increase from 2024 to 2028, starting at 566.04 thousand full-time equivalents. In 2023, the actual total was less, indicating substantial growth anticipated over the subsequent years. The annual growth rates are consistent, with a year-on-year increase of approximately 3% to 4% across the period. This suggests a robust investment in R&D personnel, as China focuses on advancing its machinery and equipment manufacturing sector.
Future trends to watch for include:
- The impact of technological advancements on R&D demands.
- Policies affecting R&D funding and investment in China.
- Expansion in domestic and international markets influencing R&D focus.
