Last year, China's total investment in research and development exceeded 3 trillion yuan

Tech 2023-09-19 08:40:12 Source: Network

Beijing, September 18th (Reporter Liu Zhiqiang) Recently, the National Bureau of Statistics, the Ministry of Science and Technology, and the Ministry of Finance jointly released the "2022 Statistical Bulletin on National Science and Technology Investment" (hereinafter referred to as the "Bulletin"). According to data from the Gazette, in 2022, the total investment in research and experimental development funds (hereinafter referred to as "R&D funds") in China's entire society exceeded 3 trillion yuan, reaching 3078

Beijing, September 18th (Reporter Liu Zhiqiang) Recently, the National Bureau of Statistics, the Ministry of Science and Technology, and the Ministry of Finance jointly released the "2022 Statistical Bulletin on National Science and Technology Investment" (hereinafter referred to as the "Bulletin"). According to data from the Gazette, in 2022, the total investment in research and experimental development funds (hereinafter referred to as "R&D funds") in China's entire society exceeded 3 trillion yuan, reaching 3078.29 billion yuan, an increase of 10.1% compared to the previous year, continuing the trend of rapid growth.

Zhang Qilong, a statistician from the Social Science and Culture Department of the National Bureau of Statistics, stated that China's R&D investment has increased from 1 trillion yuan to 2 trillion yuan in 8 years, and from 2 trillion yuan to 3 trillion yuan in only 4 years, fully reflecting the effectiveness of China's innovation driven development strategy in recent years.

While the total amount has reached a new level, the investment intensity continues to increase. In 2022, the investment intensity of research and development funds in China (the ratio of research and development funds to GDP) was 2.54%, an increase of 0.11 percentage points compared to the previous year, the second highest increase in nearly 10 years. The level of R&D investment intensity ranks 13th in the world, between the average level of EU (2.2%) and OECD countries (2.7%), and the gap with OECD countries has further narrowed.

The dominant position of enterprises has been further consolidated. Enterprises, government research institutions, and higher education institutions are the three main executing entities of research and development activities in China. In 2022, the research and development funds of the three major entities were 238.786 billion yuan, 381.44 billion yuan, and 241.24 billion yuan, respectively, an increase of 11%, 2.6%, and 10.6% compared to the previous year. Among them, the contribution of enterprises to the growth of research and development funds reached 84%, an increase of 4.6 percentage points compared to the previous year, which is the main force driving the growth of research and development funds; The proportion of research and development funds in the country is 77.6%, an increase of 0.7 percentage points compared to the previous year, further stabilizing the position of innovation as the main body.

The investment in key areas continues to expand. In 2022, the R&D expenditure of industrial enterprises above designated size reached 1936.18 billion yuan, an increase of 10.5% compared to the previous year; The investment intensity (compared to operating revenue, the same below) is 1.39%, an increase of 0.06 percentage points compared to the previous year. The investment intensity of research and development funds in key areas has steadily increased, creating conditions for tackling key core technologies and enhancing industrial basic capabilities. In industries above designated size, the R&D budget for high-tech manufacturing is 65077 billion yuan, with an investment intensity of 2.91%, an increase of 0.20 percentage points compared to the previous year; The R&D budget for the equipment manufacturing industry is 1193.55 billion yuan, with an investment intensity of 2.34%, an increase of 0.15 percentage points compared to the previous year.

New breakthroughs have been made in basic research investment, and the proportion continues to rise. In terms of research and development activities, in 2022, China's basic research, applied research, and experimental development funds were 202.35 billion yuan, 348.25 billion yuan, and 2527.69 billion yuan, respectively, an increase of 11.4%, 10.7%, and 9.9% compared to the previous year. Among them, the growth rate of basic research funds is 1.3 percentage points faster than that of research and development funds, continuing to maintain a rapid growth; The total amount exceeded 200 billion yuan for the first time, ranking second in the world in scale; The proportion of research and development funds reached 6.57%, continuing the upward trend. Higher education institutions and government affiliated research institutions have contributed 44.8% and 38.3% respectively to the growth of basic research funding, making them the main force in carrying out basic research activities in China.

The steady growth of fiscal science and technology expenditure has effectively ensured the demand for funds. According to the national financial settlement data, the national financial science and technology expenditure in 2022 was 1112.84 billion yuan, an increase of 36.17 billion yuan or 3.4% compared to the previous year. Among them, the central and local fiscal science and technology expenditures were 380.34 billion yuan and 732.5 billion yuan, respectively, accounting for 34.2% and 65.8% of the national fiscal science and technology expenditures.

Innovation support policies are becoming more diverse. In 2022, the number of enterprises above designated size that enjoy the preferential policies of R&D expenses plus tax deduction and exemption, as well as high-tech enterprise tax reduction and exemption, increased by 16.3% and 11.7% respectively compared to the previous year. According to an entrepreneur questionnaire survey, in 2022, the average recognition rate of five innovative funding support policies for enterprises above designated size, including tax incentives for R&D expenses, income tax incentives for high-tech enterprises, accelerated depreciation policies for specialized instruments and equipment for enterprise R&D activities, exemption from value-added tax and reduction of income tax on technology transfer and development income, and financial support related policies, reached 83.4%.

Zhang Qilong stated that in the next stage, on the one hand, we need to further improve the diversified investment mechanism of research and development funds, increase financial support, expand the effectiveness of policies such as tax exemptions for research and development expenditures, and improve financial support systems such as direct financing and guiding funds, encouraging local governments to continue increasing research and development investment. On the other hand, it is necessary to focus on precise support for key technologies and key areas, continuously increase investment in basic research and achievement transformation, and focus on improving the efficiency of fund utilization.

Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])

Mobile advertising space rental

Tag: Last year China total investment in research and development