BEIJING, Aug. 30, China News Agency (CNP)《2018年全国科技经费投入统计公报》jointly released by the State Bureau of Statistics, the Ministry of Science and Technology and the Ministry of Finance on August 30 shows that the total investment in R& (D) in China last year was 1967.79 billion yuan (RMB, the same below), an increase of 207.18 billion yuan, an increase of 11.8% over the previous year, maintaining double-digit growth for three consecutive years.
In 2018, China's R& D expenditure intensity (R& D expenditure to GDP ratio) was 2.19%, 0.04 percentage points higher than the previous year, more than 2% for five consecutive years, and reached a new record.
Li Xu, a statistician at the Department of Social Science and Culture of the National Bureau of Statistics, said that since the total R& D expenditure exceeded that of Japan in 2013, China has been the second largest in the world. In 2018, China's R& D investment intensity exceeded the average level of 15 EU countries in 2017 (2.13%), equivalent to the 12th of the 35 OECD member countries in 2017, and is approaching the average level of OECD (2.37%).
At the same time, China's R& D input structure has been further optimized. In 2018, China's R& D investment in the three main bodies, enterprises, government-affiliated research institutions and institutions of higher learning R& D expenditure increased 11.5%, 10.5% and 15.2% respectively over the previous year, contributing 75.9%, 12.4% and 9.3% to the growth of R& D expenditure respectively. Enterprises are still the main driving force behind the growth of R& D expenditure in the whole society.
It is worth mentioning that in 2018, China spent 109.04 billion yuan on basic research, breaking through the 100 billion yuan mark for the first time, accounting for 5.5% of R& and D, which is the same as last year.