On 28 February 2020, the National Bureau of Statistics officially released the Statistical Bulletin on National Economic and Social Development in 2018. In addition to macroeconomic indicators, such as the GDP which in 2018 for the first time exceeded 90 trillion RMB, the document also indicates several figures relating to science, technology and innovation.
For instance, in 2018 the total R&D expenditure reached 1.96 trillion RMB, a +11.6% increase on the previous year, and amounted to 2.18% of the country’s GDP. Within this figure, 111.8 billion RMB (5.7%) were spent on basic research.
A total of 4.32 million patents were filed both domestically and internationally (+17% on the previous year), 2.44 million of which (56%) were granted. A total of 55,000 PCT patents were filed. 412,000 technology deals were also concluded, with the total transaction value reaching 1.77 trillion RMB (+32% on the previous year).
Other significant indicators include:
- National Key R&D Programmes: 1,052 new projects launched
- National Megaprojects: 563 new research topics launched
- National Natural Science Fund: 44,504 new projects launched
- State Key Laboratories: 501
- National Engineering Research Centres: 132
- National Engineering Laboratories: 217
- National Enterprise Technology Centres: 1,480
- National Fund for Technology Transfer and Commercialisation: a total of 21 sub-funds were established, totalling a size of 31.3 billion RMB.
Note: the 13th Five-year Plan for Science, Technology and Innovation, issued in August 2016, had indicated a goal of 2.5% R&D intensity on GDP to be reached by 2020.