China has been steadily increasing its research spending across all fields. Photo: Shutterstock China has been steadily increasing its research spending across all fields. Photo: Shutterstock
China has been steadily increasing its research spending across all fields. Photo: Shutterstock

China set to pass US on research and development spending by 2025

  • China has been increasing expenditure at an annual rate of 16 per cent while the US has stagnated, according to a US think tank
  • Chinese premier Li Keqiang has vowed to boost spending on basic research and there are also plans to develop fields such as AI and quantum information

Topic |   US-China relations
China has been steadily increasing its research spending across all fields. Photo: Shutterstock China has been steadily increasing its research spending across all fields. Photo: Shutterstock
China has been steadily increasing its research spending across all fields. Photo: Shutterstock
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