The higher education expenditure on R&D in China shows a slight downward trend in the compound annual growth rate (CAGR) from 2024 through 2028, decreasing from 11.58% to 11.48%. This consistent, albeit minor, decline suggests a gradual reduction in the growth momentum of R&D investments by Chinese higher education institutions annually. In 2023, actual data set the benchmark just above this range, indicating a slightly higher confidence in prior investment activity compared to future forecasts.
Future trends to watch for:
- Government policies impacting R&D funding and incentives in higher education.
- Changes in global R&D funding patterns affecting Chinese institutions.
- Technological advancements necessitating higher or lower R&D investments.
- Economic shifts within China influencing institutional budget allocations.
