The forecast for China's higher education expenditure on R&D as a percentage of GDP indicates stability from 2024 through 2027, with a consistent value of 0.18%. This reflects a stagnation in growth, followed by a slight uptick to 0.19% in 2028. With no year-on-year variation from 2024 through 2027 and a minor increase in 2028, the compound annual growth rate (CAGR) over these five years is minimal.
Future trends to watch for include:
- Potential policy shifts influencing increased investment in R&D.
- The impact of global technological competitiveness on R&D expenditure.
- Growth in Chinese universities' collaboration with international research institutions.