In 2023, Business Enterprise R&D Expenditure on high and medium-high R&D intensive industries in China accounted for 54.6% of Total BERD. The forecast for 2024 indicates a slight decline to 54.3%. The subsequent years show a steady decrease, reaching 53.13% by 2028. The year-on-year change from 2024 to 2025 is -0.55%, and the expected compound annual growth rate (CAGR) for the period 2024-2028 is approximately -0.55% per year.

Future trends to watch for:

Shifts in global supply chains that might impact R&D funding allocations.
Government policies aimed at increasing or reallocating R&D investments.
Technological advancements that may affect industry dynamics and R&D focus areas.