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Basic research investment surpasses 7% for the first time, laying a solid foundation of national strategic assets to build a strong country
At this year’s National Two Sessions, during the “Minister’s Channel,” Minister of Science and Technology Yin Hejun presented a set of key data: by 2025, China’s investment in basic research will approach 280 billion yuan, accounting for over 7% of total social R&D investment for the first time, reaching a record high. The Government Work Report also explicitly states the need to strengthen original innovation and tackle key core technologies, continuing to increase the proportion of basic research investment. (CCTV News)