Latest developments

27

2023

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09

46.6 billion! Mining research and experimental development funding reaches a 10-year high in 2022!

The National Bureau of Statistics, the Ministry of Science and Technology and the Ministry of Finance recently jointly issued the "2022 National Science and Technology Funding Statistical Bulletin" (hereinafter referred to as the "Communiqué"), which shows that in 2022, my country's research and experimental development (R & D) funding investment will continue to maintain rapid growth, and the investment intensity will continue to increase. Among them, the funding for research and experimental development in the mining industry was 46.6 billion yuan, a 10-year high; the investment intensity of research and experimental development funding was 0.67 per cent, a relatively high level in recent years.


The National Bureau of Statistics, the Ministry of Science and Technology and the Ministry of Finance recently jointly issued the "2022 National Science and Technology Funding Statistical Bulletin" (hereinafter referred to as the "Communiqué"),In 2022, China's research and experimental development (R & D) investment will continue to maintain rapid growth, and the intensity of investment will continue to increase.Among them, the mining industryResearch and experimental development fundingFor 46.6 billion yuan, a 10-year high.The investment intensity of research and experimental development funds was 0.67 per cent, a high level in recent years.

 

 

The rapid growth of the total amount of funds, the main position of enterprise innovation is further stabilized.

 

According to the Communiqué, in 2022, the country will invest a total of 3078.29 billion billion yuan in research and experimental development, an increase of 282.66 billion billion yuan or 10.1 percent over the previous year; the intensity of research and experimental development funding (the ratio of GDP) was 2.54 percent, an increase of 0.11 percentage points over the previous year.

 

This means that the total investment in research and experimental development in my country has exceeded 3 trillion yuan, reaching a new level, and continuing the momentum of rapid growth.

 

From 2018 to 2021, China's research and experimental development funds are 1967.79 billion yuan, 2214.36 billion yuan, 2439.31 billion yuan and 2795.63 billion yuan respectively, and the investment intensity is 2.19, 2.23, 2.4 and 2.44 respectively.In 4 years, my country's research and experimental development funding has been increased from 2 trillion yuan to 3 trillion yuan, which fully reflects my country's effectiveness in taking innovation as the first driving force and accelerating the implementation of innovation-driven development strategies.

 

In terms of investment intensity, in 2022, China's research and experimental development funding intensity increased by the second highest in the past 10 years, and the level of investment intensity ranked 13th in the world, between the European Union (2.2 percent) and the European Union.OECD countries(2.7 per cent) on average, the gap with OECD countries has narrowed further.

 

At the same time, the "Communiqué" shows that the status of the main body of enterprise innovation has been further consolidated. Enterprises, government research institutions and institutions of higher learning are the three major research and experimental development activities in China.Executive Body. In 2022, the enterprise research and experimental development funds will be 2387.86 billion yuan, contributing 84% to the growth of research and experimental development funds, accounting for 77.6 percent of the national research and experimental development funds, and the position of innovation subject will be further stabilized. In 2022, the research and experimental development funds of industrial enterprises above designated size will be 1936.18 billion billion yuan, an increase of 10.5 over the previous year; the investment intensity (ratio to operating income) will be 1.39, an increase of 0.06 percentage points over the previous year.

 

 

Input Hits New High Mining Industry Science and Technology Innovation Driving Role Highlights

 

Judging from the research and experimental development funds of industrial enterprises above the scale of different industries, the research and experimental development funds of the mining industry exceeded 40 billion yuan for the first time in 2022, reaching a new high of 46.6 billion yuan.

 

specific to the mining industry subdivision, The research and experimental development fund for coal mining and washing industry is 18.26 billion yuan, and the investment intensity for research and experimental development is 0.44. The research and experimental development fund for oil and natural gas mining industry is 12.18 billion yuan, and the investment intensity for research and experimental development is 0.96. The research and experimental development fund for ferrous metal mining and dressing industry is 4.41 billion yuan, and the investment intensity for research and experimental development is 0.88. The research and experimental development fund for non-ferrous metal mining and dressing industry is 3.56 billion yuan, the investment intensity of research and experimental development funds is 0.96 per cent;mining and dressing industry of non-metallic mineralsThe research and experimental development fund is 3.22 billion yuan, and the investment intensity of research and experimental development fund is 0.7. The research and experimental development fund for mining specialty and auxiliary activities is 4.95 billion yuan, and the investment intensity of research and experimental development fund is 2.03. Other mining research and experimental development funds are 0.02 billion yuan, and the investment intensity of research and experimental development funds is 0.97.

 

in terms of the total amount of funds, Coal mining and washing industry, oil and gas mining industry, mining professional and auxiliary activities funds ranked in the top three in the mining industry, especially coal mining and washing industry, oil and gas mining industry funds are more than 10 billion yuan, or even close to 20 billion yuan.

 

From the input intensity, Mining professional and auxiliary activities, oil and gas mining, non-ferrous metal mining, etc. far exceed the intensity of mining input.

 

To a certain extent, this reflects the policy guidance of strengthening scientific and technological innovation, ensuring the security of energy resources, accelerating the adjustment and optimization of industrial structure and energy structure, strengthening the clean and efficient utilization of coal, increasing the exploration and development of oil and gas resources, and increasing storage and production.

 

In fact, in recent years, my country's mining industry research and experimental development investment has maintained rapid growth, and the intensity of research and experimental development investment has continued to rise.

 

In 2016, 2017, 2019, 2020, 2021 and 2022, China's mining industry research and experimental development funds were 26.78 billion yuan, 28.18 billion yuan, 28.81 billion yuan, 29.48 billion yuan, 37.05 billion yuan and 46.6 billion yuan respectively.

 

Especially in recent years, the mining industry research and experimental development funds have been invested step by step. In 2021 and 2022, funding for research and experimental development in China's mining industry will increase by 25.7 and 25.8 percent year-on-year, respectively. In 2022, the intensity of funding for research and experimental development in China's mining industry will be 0.04 percentage points higher than in 2021.

 

The positive effects of the transformation and upgrading of industrial enterprises have appeared, and the mining industry empowered by science and technology has strongly stimulated industrial development. From 2017 to 2022, the total profits of China's mining industry above designated size were 458.68 billion yuan, 524.64 billion yuan, 527.53 billion yuan, 355.32 billion yuan, 1039.08 billion yuan and 1557.36 billion yuan respectively, up 261.6, 40.1, 1.7, -31.5, 191 and 48.6 respectively over the previous year.

 

 

Basic research in key areas of concern continues its upward momentum

 

In addition, it is worth noting that the investment in key areas continues to expand. In 2022, the intensity of investment in research and experimental development in key areas will steadily increase, creating conditions for key core technology research and the improvement of industrial basic capabilities. Among the industries above designated size, the research and experimental development funding for high-tech manufacturing was 650.77 billion yuan, and the investment intensity was 2.91 percent, an increase of 0.2 percentage points over the previous year; the research and experimental development funding for equipment manufacturing was 1193.55 billion yuan, and the investment intensity was 2.34 percent. An increase of 0.15 percentage points over the previous year.

 

At the same time, new breakthroughs were made in basic research investment, and the proportion continued to rise. In 2022, China's basic research, applied research and experimental development funds will be 202.35 billion yuan, 348.25 billion yuan and 2527.69 billion yuan respectively, an increase of 11.4 percent, 10.7 percent and 9.9 percent respectively over the previous year. Among them, the growth rate of basic research funds is 1.3 percentage points faster than that of R & D funds, and continues to maintain rapid growth; the total amount exceeds 200 billion yuan for the first time, ranking second in the world in scale; it accounts for 6.57 of research and experimental development funds, continuing the upward trend. Institutions of higher learning and government-affiliated research institutions contributed 44.8 per cent and 38.3 per cent, respectively, to the increase in funding for basic research, making them the main force in carrying out basic research activities in China.

 

Experts from the National Bureau of Statistics said that in the next stage, on the one hand, it is necessary to further improve the diversified investment mechanism for research and experimental development funds, increase financial support, expand the effectiveness of other policies such as tax reduction and exemption for research and development expenditures, improve the financial support system, and encourage local governments Continue to increase investment. On the other hand, it is necessary to focus on precise support for key technologies and key areas, continue to increase investment in basic research and achievement transformation, and strive to improve the efficiency of capital utilization.

 

This article was originally published on September 21, "China Mining News" page 1