Manufacturing News

China's R&D spending intensity builds up in 2021: statistics

 China's research and development (R&D) spending intensity, or the expenditure on R&D as a percentage of its gross domestic product, built up to 2.44 percent in 2021, shows a yearly statistical bulletin.

The rate, jumping from 1.91 percent in 2012, ranks the top among developing countries and is higher than the European Union's average level, said Liu Huifeng, a researcher from the Chinese Academy of Science and Technology for Development.

In 2021, China invested 2.8 trillion yuan ($405 billion) in R&D, rising 14.6 percent over that of 2020. Among it, over 2 trillion yuan, or nearly 77 percent, was funded by the enterprises, according to the country's R&D bulletin in 2021 released on Wednesday.

China is expected to spend more than 3 trillion yuan on R&D in 2022, said Liu.

Liu added that China's R&D spending from the corporate sector was the second largest in the world last year.

The country's investment in basic research in that year totaled 181.7 billion yuan, a 23.9 percent year-on-year increase, shows the bulletin. It accounted for 6.5 percent of the overall R&D spending, maintaining a 6-plus percentage growth for three consecutive years.

Provincially, the R&D spending in Guangdong, Jiangsu, Beijing, and Zhejiang stood in the first echelon, exceeding 200 billion yuan each.

A slew of provinces in central and western China, including Hubei, Hunan, Sichuan, and Henan, rose to the 100-billion-yuan club in R&D spending, according to the bulletin.

Most Viewed in 24 Hours


Start a Digital Twin Journey from Engineering Simulation

Accenture releases survey of digital transformation

CIMC Reduces Unplanned Downtime by 30% with Greater Operational Insight from ThingWorx

Ansys Simulation Speeding up Autonomous Vehicles

  • Tel : 0086-27-87592219
  • Email :
  • Add: 3B1 International Business Center, No. 18 Jinronggang Road (No.4), East Lake High-tech Development Zone, Wuhan, Hubei, PRC. 430223
  • ICP Business License: 鄂B2-20030029-9
  • Copyright © e-works All Rights Reserved