Volume 92 Issue 35 | p. 9 | News of The Week
Issue Date: September 1, 2014

China Reveals R&D Spending

Investment: Researchers use financial disclosures to give first glimpse of government’s science spending
Department: Government & Policy
Keywords: China, science and technology, budget, spending

In the past decade, China has grown into an international research powerhouse. It recently passed the European Union in the percentage of gross domestic product it spends on R&D. Now, an analysis details for the first time how China is spending its science and technology (S&T) funds.

Among the revelations in a report published last week is that the role of China’s most powerful research agency is on the decline. And although the country overall . . .

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