China Central SOEs Lift 2025 Basic Research Spending to RMB102.4 Billion, Topping RMB100 Billion First Time
Updated
Updated · AASTOCKS.com · Jun 1
China Central SOEs Lift 2025 Basic Research Spending to RMB102.4 Billion, Topping RMB100 Billion First Time
1 articles · Updated · AASTOCKS.com · Jun 1
Summary
RMB102.4 billion of basic research spending by China’s central SOEs in 2025 marked the first time the total crossed RMB100 billion, up from RMB56.5 billion in 2021.
R&D outlays at the firms have exceeded RMB1 trillion for four straight years during the 14th Five-Year Plan period, underscoring a broader push to deepen state-led innovation.
34 central SOEs have set up joint funds with the National Natural Science Foundation of China worth more than RMB12 billion, while the group leads construction of 91 national key laboratories.
25 central SOEs are working with 10 national laboratories on 183 projects, and 58 have built 97 original technology innovation hubs in fields including AI, quantum communication and new power systems.
By 2030, authorities aim for central SOEs’ basic research investment to double from the 2025 level, positioning them as a larger driver of China’s basic research system.