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🔴 China Invests $583 Billion in Science and Technology as U.S. Research Funding Declines
🇨🇳 China increased its research and development (R&D) spending by more than 8% last year, reaching a staggering $583 billion, according to reported figures. Businesses accounted for the largest share of this investment, while higher education and basic sciences recorded some of the strongest budget growth.
🇺🇸 This historic increase comes as the United States moves toward cutting federal research funding, canceling grants and halting thousands of research projects.
🔬 Beijing is now focusing on sectors such as semiconductors and industrial machinery to strengthen China’s position in the global scientific and technological race.
📢 @scihubAI
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