this guy is a fraud.. just visit his twitter account timeline.
1. Overall national R&D spending increased in 2024 to 503 billion U.S. dollars. this is up 8.3 percent yoy..
2. investment in basic research climbed 10.5 percent last year from 2023 to 249.7 billion yuan, representing 6.91 percent of the total R&D spending.
3. this month China also has announced the creation of venture capital of 1 trillion RMB fund focused on robotics and AI..
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during two sessions. party pledge for more investment in science and technology , strengthen industry and collaboration also talk about structural reforms in institutes. in past many researchers filled bogus patents in order to win award and funding. this has been stopped. no more free money.
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Note - i didn't hear such kind of news anywhere in China right now.. Also, someone might be posting as April fool joke in Chinese social media, which he is presenting as fact.