The forecast data indicates a steady decline in R&D capital costs in China, expressed as a percentage of Total GERD, from 2024 to 2028. Starting at 7.22% in 2024, it is expected to decrease to 4.54% by 2028. The year-on-year variations show a consistent decrease, averaging around 10% annually. This negative trajectory suggests efforts to optimize R&D expenditures or a strategic shift in funding allocations.

Future trends to watch for:

Potential shifts towards more efficient R&D practices, possibly incorporating advanced technologies to lower costs.
Government policy changes that could impact R&D funding and resource distribution.
The potential rise of private sector influence in research funding and innovation capabilities.