Wang Ye, Deputy Director of the Department of Science, Education and Culture of the Ministry of Finance: Insist on increasing investment and strengthening financial security. In 2026, the central government's basic research budget increased 16.3% over the previous year. Driven by financial guidance, China's entire society's investment in basic research increased rapidly, from 55.5 billion yuan in 2013 to 277.8 billion yuan in 2025, ranking second in the world, accounting for 4.68% to 7.08% of the R&D expenditure of the whole society, reaching a record high.

Wang Ye, Deputy Director of the Department of Science, Education and Culture of the Ministry of Finance: Insist on increasing investment and strengthening financial security. In 2026, the central government's basic research budget increased 16.3% over the previous year. Driven by financial guidance, China's entire society's investment in basic research increased rapidly, from 55.5 billion yuan in 2013 to 277.8 billion yuan in 2025, ranking second in the world, accounting for 4.68% to 7.08% of the R&D expenditure of the whole society, reaching a record high.