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China's R&D spending up 8.3% in 2024

0 Comment(s)Print E-mail Xinhua, January 23, 2025
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China's total expenditure on research and development (R&D) exceeded 3.6 trillion yuan (about $500 billion) last year, up 8.3% year on year, the National Bureau of Statistics said Thursday.

The R&D spending accounted for 2.68 percent of the country's gross domestic product, up 0.1 percentage points from 2023.

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