China's sustained investments in research and development (R&D) are drawing international attention as a blueprint for building innovation-driven societies. During the 14th Five-Year Plan period (2021-2025), the country advanced significantly in artificial intelligence and other frontier technologies, with its 15th Five-Year Plan now prioritizing an innovation-first approach to economic development.
At the recent Bund Summit 2025, Klemen Boštjančič, Slovenia's finance minister, highlighted China's model as a learning opportunity for nations worldwide. "How to connect larger R&D investments with an innovative society remains a key challenge," Boštjančič told CGTN host Michael Wang, emphasizing the need to study China's systematic approach to technological advancement.
Analysts note that China's strategy combines state-led funding in critical sectors with market-oriented applications, creating ecosystems that support both breakthrough innovations and commercial scalability. This dual approach has positioned the country as a leader in renewable energy infrastructure and digital payment systems.
For business leaders and policymakers, China's evolving innovation framework offers insights into balancing long-term strategic investments with immediate economic needs – a formula gaining relevance as global competition in advanced technologies intensifies.
