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Ministerial Channel | Minister of Science and Technology Yin Hejun: China's investment in basic research will reach a historic high in 2025
Minister Yin Hejun of the Ministry of Science and Technology stated on March 5 during the first “Minister’s Passage” at the Fourth Session of the 14th National People’s Congress that China’s scientific and technological development is rapidly advancing, with scientific strength reaching a new level and innovation rankings rising to 10th globally. By 2025, total social R&D investment will exceed 3.92 trillion yuan, with an intensity of 2.8%. Investment in basic research approaches 280 billion yuan, accounting for 7.08%, breaking 7% for the first time and setting a new historical high.
(Edited by: Wen Jing)
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