China: Investment in Energy Research & Development
China has increased investment into energy research, development, and deployment by over 400% in the past decade. This reflects a broader growth in China’s R&D and scientific investment intensity.
The table is taken from a Harvard research paper investigating cross-country public and private investment into energy technology. The Harvard research points to difficulties in ascertaining and categorising investments into specific technology categories, as well as any attempt to define private sector investment in RD & D. The authors specifically note problems related to China’s government investment data, including complexity, overlaps, and other uncertainties. The authors present a level of detailed discussion of various China government energy technology and science funding programs and institutions.
The authors have an interest in understanding implications of the data for energy technology development and transfer, with an obvious, if not overt, interest in low emissions and renewable energy technology.
Government RD & D investment represents an important input to the energy technology innovation process. China’s share of global energy innovation is growing. How government funding and other inputs affect innovation outputs need further discussion.