In 2023, China had approximately 604.33 thousand full-time equivalent R&D personnel. From 2024 to 2028, the government R&D personnel is forecasted to grow consistently, reaching 660.16 thousand by 2028. This represents a steady year-on-year growth, averaging around 2% annually. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is projected to be similar, reflecting sustained investment in R&D personnel.
Future trends to watch for include:
- Strategic shifts in R&D funding priorities, potentially impacting personnel distribution across industries.
- Impact of international collaborations and academic partnerships on personnel growth.
- Role of government policies in promoting tech innovation and digital transformation influencing R&D hiring.