The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
China Center Chart of the Week: China’s growth rate for R&D investment is not exceptionally fast

This China Center members-only chart shows the trajectory of public and private R&D spending when the countries being compared hit the level of 1 percent of GDP. For the United States, that year is 1951, and for China the year is 2000. The data help to clarify a common misunderstanding about the rapid increase in R&D spending in China versus the relatively stable R&D spending in the United States. Science policy analysts are concerned that, if China keeps expanding R&D investment at its current rate, China will surpass the United States in R&D spending in the near future. Our research suggests that China is expected to expand R&D rapidly because it is still at the early takeoff stage, where the level of R&D spending is relatively low (but growth rate is relatively high due to the low base effect).

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

Donate

OTHER RELATED CONTENT

RESEARCH & INSIGHTS

WEBCASTS

COUNCILS

BLOGS