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China's R&D spending tops OECD average for first time
Original: China’s R&D spending tops OECD average for first time. What comes next?
China's research and development spending has surpassed the OECD average for the first time, according to the South China Morning Post. The milestone underscores the country's sustained investment in innovation and technology, and analysts are now asking how Beijing will convert this spending into scientific breakthroughs and industrial competitiveness in areas like semiconductors, AI and green energy.
Why now: The milestone signals China's growing weight in global innovation and raises questions about its future technological rivalry with the West.
ChinaOECDSouth China Morning Post
Evidence
- China’s R&D spending tops OECD average for first time. What comes next? · South China Morning Post
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