The higher education expenditure on R&D in China as a percentage of GDP is forecasted to exhibit a gradual upward trend from 2024 to 2028. By 2023, the expenditure was stable, marking the onset of a moderate increase in subsequent years. The year-on-year growth from 2024 to 2025 is 5%, with consistent levels from 2025 to 2027, and another rise in 2028. The compound annual growth rate (CAGR) over the forecasted period reflects minor but consistent growth.
Future trends to watch for include potential policy shifts fostering innovation, increased investment in technology sectors, and international partnerships that could enhance R&D activities within China’s higher education institutions, potentially accelerating growth rates.