China is still not a strong innovator, with the bulk of its R&D spending going on short-term product development instead of basic research, according to a study released in November by the State Council’s policy think tank.
The study warned that the present level of basic research would not be able to support Beijing’s ambition of technological upgrade in the manufacturing sector.
Despite having an edge in terms of quantity, studies by Chinese researchers were not cited as often as the international average. The commercial value of was also low, with the revenue from Chinese intellectual property trade accounting for less than 5 per cent of the world’s total, the study said.
That point was underlined last week in the OECD’s Main Science and Technology Indicators report, which covered statistics up to 2018. The report said the US committed 2.8 per cent of its GDP to R&D expenditure, while Germany earmarked 3.1 per cent and Japan 3.3 per cent. Mainland China spent 2.1 per cent in the area for the same period, compared with Taiwan’s 3.5 per cent.
The contrast is even clearer when basic research spending is expressed as a percentage of GDP. The US commitment stood at 0.47 per cent in 2018, while China’s share was 0.12 per cent only.
The point here is not to denigrate China's efforts but to point out China still has a long way to go.
The study warned that the present level of basic research would not be able to support Beijing’s ambition of technological upgrade in the manufacturing sector.
Despite having an edge in terms of quantity, studies by Chinese researchers were not cited as often as the international average. The commercial value of was also low, with the revenue from Chinese intellectual property trade accounting for less than 5 per cent of the world’s total, the study said.
That point was underlined last week in the OECD’s Main Science and Technology Indicators report, which covered statistics up to 2018. The report said the US committed 2.8 per cent of its GDP to R&D expenditure, while Germany earmarked 3.1 per cent and Japan 3.3 per cent. Mainland China spent 2.1 per cent in the area for the same period, compared with Taiwan’s 3.5 per cent.
The contrast is even clearer when basic research spending is expressed as a percentage of GDP. The US commitment stood at 0.47 per cent in 2018, while China’s share was 0.12 per cent only.
The point here is not to denigrate China's efforts but to point out China still has a long way to go.