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China’s R&D spending hits record 2.8% of GDP, beating OECD average for the first time

China’s R&D spending hits record 2.8% of GDP, beating OECD average for the first time
South China Morning Post Wednesday 30 September 2026, 06:01 UTC By Sherry Wang 1 min read
Key Points

For the first time, China’s spending on research and development as a share of gross domestic product has surpassed the average for Organisation for Economic Cooperation and Development (OECD) members – a trend one analyst expects to continue as Beijing seeks to strengthen technological self-reliance amid intensifying global competition. R&D expenditure exceeded 3.92 trillion yuan (US$584.8 billion) in 2025, accounting for 2.8 per cent of GDP, Science and Technology Minister Yin Hejun...

For the first time, China’s spending on research and development as a share of gross domestic product has surpassed the average for Organisation for Economic Cooperation and Development (OECD) members – a trend one analyst expects to continue as Beijing seeks to strengthen technological self-reliance amid intensifying global competition. R&D expenditure exceeded 3.92 trillion yuan (US$584.8 billion) in 2025, accounting for 2.8 per cent of GDP, Science and Technology Minister Yin Hejun said at a...
China (LOCATION) OECD (ORG) Organisation for Economic Cooperation and Development (ORG) Beijing (LOCATION) Science and Technology (ORG) Yin Hejun (PERSON)
Originally published by South China Morning Post Read original →

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