In accordance with the data published by the China Ministry of Financehe Budget that will dedicate the country in 2025 to R&D in technology and science will be about 55,000 million of dollars, a 10% higher than the inverted in it last year. It is., According to Tom’s Hardware, of the third importance in importance of the total budget of the country, surpassed only by the one for defense and the payments of the interests of the debt.
This increase of 5,000 million dollars in investment in R&D in China shows that the country wants to accelerate in its advances in different technological and scientific areas, with plans to become self -sufficient in areas such as semiconductors. To do this, the funds will be used to advance projects in which he is already working, in fields such as the mentioned of the semiconductors, but also in AI, quantum computing or space exploration.
In 2024 China consumed 97.6% of the budgeted for R & D. The authorities allocated the money to an increase in support in fundamental research to reinforce China’s abilities in technological innovation and state -of -the -art scientific discoveries.
The investment was made in several major initiatives nationwide, especially in strategic sectors, such as those mentioned. In addition, he also provided support to SMEs of various types, for which among other things he launched special financing programs to help innovative SMEs, with risk sharing mechanisms through national financial guarantee funds. In addition, taxes and subsidies were offered to technology companies, with the aim of promoting innovation.
China plans to direct its investment in Science and Technology in the main projects of his “Science and Technology Innovation 2030” planfocused on integrated circuits, AI and quantum computing technology. Governments, in general, usually invest in projects that may not give results in several years. Just in the type of projects that China is investing, with the aim of strengthening its global competitiveness in key sectors in the coming years, so that it has more solidity to compete with the United States.