3. Worse still - China is only FOCUSSED on keeping its own 9-9-6 work culture citizens employed. They spend NO funds on research & development of such tech. As Western companies saw how the vast slave labor can easily churn out products, they abandoned such tech, & the loss lays for Humankind. There is SO MUCH tech to be developed yet, such as even beyond FOLDABLE solar panels that was discovered in EU, which will cut costs on material usuage....
Which planet are you on man!
R&D spending growth slows in OECD, surges in China; government support for energy and defence R&D rises sharply
Statistical release
31 March 2025
Available in:English
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Research and experimental development (R&D) expenditure in the OECD area grew by 2.4% in inflation-adjusted terms in 2023, down from 3.6% in 2022. Business R&D expenditure outpaced other sectors, growing at 2.7% in 2023 and accounted for 74% of total gross domestic expenditure on R&D (GERD) in the OECD area, up from 66% in 2010. R&D in government sector institutions grew by 2.5%, while R&D in the higher education sector saw a more modest increase of 1.7%.
R&D growth rate, OECD area
Adjusted for inflation
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Source: OECD, Main Science and Technology Indicators (MSTI) Database, March 2025,
https://oe.cd/msti
At 8.7%, growth in R&D expenditure in China continued to surpass that of the OECD area, the United States (1.7%) and the European Union (1.6%) in 2023
. The EU’s largest economies slowed the area’s overall growth: Germany’s R&D rose by 0.8%, while France's fell by 0.5%. In contrast R&D in Spain and Poland increased by over 8%. Ireland’s R&D expenditure fell by 2.4% in 2023 following a major boost in 2022 from large business R&D capital projects. R&D growth in Japan (2.7%) and Korea (3.7%) exceeded the OECD average.