[Eye on China] The Lab Spending Gap: China Outspends Europe on Labs by 70 Percent
According to the OECD's March 2026 figures, China's R&D expenditure reached approximately €890 billion in 2024, surpassing the United States at €873 billion, while the EU-27 stood at only about €527 billion. China overtook Europe more than a decade ago. What is new