In his address to the National People’s Congress, LI Keqiang announced that the portion of the national R&D budget spent on basic research will continuously increase to 10 % by 2020. In 2014, expenditure on basic research will be 6,6 billion US-$, about 5 % of total.
Science and Technology Daily, March 14, 2014; Nature 507, doi:10.1038/507148a