China’s Accelerating Race to Become Premier Public Science Funder

Recent insights from the Nature Index reveal that within the coming two to three years, China is positioned to outpace the U.S. in public science funding, a seismic transformation in global R&D landscape. With China’s substantial surge of around 90% in government R&D spending to $133 billion over the past decade, surpassing the U.S.’s more modest 12% increase to $155 billion, the reign of America as the forerunner in this domain since World War II might face an imminent shake-up, possibly as early as 2028 or 2029, experts suggest. The core of China’s research financing realm is undergoing reformation, transitioning…