China's R&D spending reached 2.8% of GDP, surpassing the OECD average for the first time, according to an executive science-and-technology briefing. In the first three quarters the economy expanded 4.6%, with high-tech manufacturing up 14.3%, lithium-battery output up 39.5% and industrial-robot output up 29.1%.
In a separate development, a new southern power market lets data centers and AI firms trade electricity across five provinces and Guangxi, giving them flexibility to manage power costs. China also proposed export controls on AI, life-science and photovoltaic technologies while approving DeepSeek and MiniMax models for global use.
The milestone underscores China's shift toward innovation-led growth and provides foundational support for its AI and advanced-manufacturing industries.
Source: China Science & Technology (AGP Executive Report; paraphrased and translated from Chinese science-media briefing; reprinted for informational purposes with attribution).
