By 2023, the number of Scientific Research and Development Institutions in China stood at 2.74 thousand. The data indicates a consistent year-on-year decline from 2013 to 2023, with significant drops noted from 2018 onwards. The compound annual growth rate (CAGR) over the last five years is -3.68%, highlighting a noticeable contraction in these institutions.
Moving forward, the forecast up to 2028 projects a continued decline at a CAGR of -2.72%, leading to an expected 12.88% reduction over the next five years. This downward trend reflects ongoing challenges within the sector, including possible shifts in governmental policy, funding reallocations, or broader economic factors impacting scientific development institutions.
Future trends to watch for include potential changes in national R&D priorities, increased private sector involvement, or innovations in research funding models, which may influence the trajectory of scientific research institutions in China.
