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China's science and technology sector scales new heights during 14th Five-Year-Plan period

2025-09-19 06:34:20       source:CGTN

September 18, 2025


Over the past five years, China's technological innovation capabilities have steadily improved, and the foundation for becoming a technological powerhouse has been continuously strengthened, said China's Minister of Science and Technology Yin Hejun at a press conference on Thursday.


He highlighted several significant aspects of China's science and technology sector during the 14th Five-Year Plan period (2021-25). 


Investment in technology has continued to increase


In 2024, the total social R&D expenditure exceeded 3.6 trillion yuan ($506 billion), an increase of 48 percent compared to 2020. The R&D intensity reached 2.68 percent, exceeding the average level of EU countries, and the total number of R&D personnel ranked first in the world.


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https://news.cgtn.com/news/2025-09-18/Science-and-tech-sector-scales-new-heights-during-14th-FYP-period-1GLN8wFOl5S/p.html