Academician for Thinking People

Translator: Maxwell Scott

From Academician for Thinking People

China’s research and development spending in 2024 exceeded 3.6 trillion yuan ($496 billion), an increase of 8.3% from the previous year. Even more impressive is the intensity: in 2024, China’s R&D intensity reached 2.68% of GDP, compared with 2.58% in 2023.

Although the United States is still the leader in… Continue reading