The total R&D personnel in China is anticipated to increase significantly from 2024 through 2028. In 2023, the figure was 8.63 persons per thousand labor force, and forecasts suggest growth each year, with 2028 projected at 11.76.
Year-on-year growth rates are indicative of a strong upward trend: 2024 sees a 7.09% increase from the previous year, which continues with a 6.93% rise in 2025, 6.37% in 2026, and a tentative 5.99% in 2027. The forecast for 2028 predicts an additional 5.57% growth. The CAGR over these five years stands at approximately 6.39%.
Looking forward, trends to watch include the impact of emerging technology sectors, international collaborations, government policies supporting innovation, and potential shifts in the global economy, all which could affect the trajectory of R&D personnel growth in China.
