Forecast: Intramural R&D Expenditure in the Government Sector in China (except Hong Kong)

The forecast for China's government sector intramural R&D expenditure as a percentage of GDP shows stable values from 2024 to 2025 at 0.4%, with a slight increase to 0.41% from 2026 to 2028. As of 2023, the R&D expenditure in the government sector was marginally below the forecasted values, indicating a planned slight upward trend. This suggests a consistent commitment but a slow pace in enhancing the R&D allocation.

Future trends to watch for:

  • Potential policy shifts impacting R&D prioritization.
  • Global economic influences affecting budget allocations.
  • The effectiveness of R&D initiatives translating into economic growth or innovation.
  • Technological advancements that may require increased R&D investment.

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