Hainan Leads China in R&D Spending Growth for Third Year Running

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Patrick Quinn

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Topic starter 11/10/2025 8:03 am

Hainan Leads China in R&D Spending Growth for Third Year Running

Hainan’s research and development (R&D) spending rose to ¥10.96 billion in 2024, a year-on-year increase of ¥1.98 billion. According to the latest figures from the National Bureau of Statistics, this 22.05% growth rate was the highest in the country, 13.2 percentage points above the national average of 8.9%.

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