R&D Investment Hits New Heights
On September 18, the State Council Information Office held a press conference in Beijing to share exciting updates from the Chinese mainland's 14th Five-Year Plan (2021-2025).
Yin Hejun, Minister of Science and Technology, announced that total R&D investment soared past 3.6 trillion yuan (about $507 billion) in 2024 – a 48% jump since 2020! 📈 That means the R&D intensity reached 2.68%, even topping the EU average.
Leading the Global Innovation Race
Thanks to this boost, the Chinese mainland now leads the world in R&D personnel. From AI to clean energy, more scientists and engineers are powering new breakthroughs every day. It's like having the Avengers squad for tech – only real and packed with lab coats instead of capes! 🦸♀️🦸♂️
What's Next?
With such momentum, we're watching for cutting-edge gadgets, green solutions, and high-speed everything – 5G, 6G, maybe even 7G (just kidding… or are we? 😉). For young pros and explorers, this means fresh opportunities in startups, research, and cross-border projects.
Stay tuned as the Chinese mainland's innovation journey unfolds – because the future looks brighter (and more tech-savvy) than ever! 🚀🔬
Reference(s):
Highlights of tech innovation in China's 14th Five-Year Plan
cgtn.com
