Data:
- 2024: 2.84 Hundred Billion Yuans Renminbi (RMB)
- 2025: 3.06 Hundred Billion Yuans RMB
- 2026: 3.28 Hundred Billion Yuans RMB
- 2027: 3.5 Hundred Billion Yuans RMB
- 2028: 3.72 Hundred Billion Yuans RMB
- 2025: 7.75%
- 2026: 7.19%
- 2027: 6.71%
- 2028: 6.29%
The CAGR from 2024 to 2028 is approximately 7.23%.
China's commitment to advancing higher education through increased R&D expenditure is evident. Future trends to watch for include strategic investments in high-tech research, international collaborations, and policy shifts aimed at fostering innovation and academic excellence.
