Employees make chips at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu province, on March 17. Amid a push from Beijing for technological self-sufficiency, R&D spending slowed in 2020 as a result of the Covid-19 pandemic. Photo: AFP
Employees make chips at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu province, on March 17. Amid a push from Beijing for technological self-sufficiency, R&D spending slowed in 2020 as a result of the Covid-19 pandemic. Photo: AFP

China sees slower R&D growth in 2020 as government spending on science and technology fell amid the Covid-19 pandemic

  • Research and development spending in China grew 10.2 per cent last year, accounting for a record 2.4 per cent of GDP
  • Spending is getting closer to that of other advanced economies, but government investment in science and technology fell 6 per cent during the pandemic

Topic |   China economy
Employees make chips at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu province, on March 17. Amid a push from Beijing for technological self-sufficiency, R&D spending slowed in 2020 as a result of the Covid-19 pandemic. Photo: AFP
Employees make chips at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu province, on March 17. Amid a push from Beijing for technological self-sufficiency, R&D spending slowed in 2020 as a result of the Covid-19 pandemic. Photo: AFP
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