- China's research and development spending will increase by more than 7% per year between 2021 and 2025, Premier Li Keqiang said.
- R&D will account for a higher percentage of gross domestic product (GDP) than in the previous 5 years.
- China is going to focus on developing a number of technology areas including semiconductors, health care, quantum computing and cloud computing, according to a draft of its five-year plan.
