1.49%

In 2007, R & D expenditure represented a record 1.49% of China's GDP, according to the 2007 Statistics Gazette of National Science and Technology Investment, jointly published on January 7 by the State Statistics Bureau, Ministry of Science and Technology and Ministry of Finance.  In 2007, the country's total R & D expenditure was 371.02 billion yuan, up 23.5%. 2013-07-17