Forecasted business-financed R&D expenditure in China shows a consistent increase from 2024 to 2028, starting at 2.44% of the Value Added in Industry and reaching 2.71% by 2028. This represents year-on-year growth rates of approximately 2.87% in 2025, 2.39% in 2026, 2.72% in 2027, and 2.65% in 2028.
Key trends to watch for:
- Focus on emerging technologies and innovation for sustainable growth.
- Han strategies for potential impacts of global economic conditions on investment levels.
- Increasing governmental policies to support R&D activities.
