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Economy · Finance

China’s R&D spending keeps up steady rise as No 1 US seeks further funding cuts

Dannie Peng · South China Morning Post
Published 17 Oct 2026, 12:00 am·1 h ago·1 min read
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China’s R&D investment grew by 8.2 per cent last year – fuelled by double-digit growth in fundamental science and university funding – in sharp contrast with deep budget cuts across the US research sector. Total investment in research and experimental development crossed 3.9 trillion yuan (US$583 billion) in 2025, “maintaining a trajectory of steady growth”, the National Bureau of Statistics said when releasing the data on Friday. State news agency Xinhua noted on Friday that in the five years...

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