The Digester

China may overtake the US as the world’s top public research funder within two years

Mar 19th 2026

A US academic forecast using OECD purchasing-power data finds China could overtake the United States in government R&D spending within two to three years, driven by sustained growth in Chinese public investment despite recent slowdowns, while the US faces flat federal research budgets.

  • A University of California, San Diego FSIP forecast using OECD purchasing-power data predicts China could surpass US government R&D spending within two to three years, possibly as early as 2028.
  • China’s government R&D spending rose about 90% to $133 billion from 2013 to 2023, while US public R&D rose about 12% to $155 billion over the same period.
  • The FSIP projection assumes US public research spending stays broadly flat and accounts for a post-2020 slowdown in China’s growth.
  • China still spends less than half as much as the US on total fundamental research in 2023, at $53 billion versus $120 billion.
  • China has proposed at least 7% annual increases in total research spending from 2026 to 2030, which could bring the crossover sooner.
  • China is already outpacing the US on several research-output measures, with contributions in selected natural and health science journals on track to be about double US output by the end of 2026.