The allocation of science and technology R&D funds, an important resource to promote the development of science and technology, determines the direction and the focus of the development of science and technology. Since the founding of the People's Republic of China, China's R&D funds have experienced a rapid growth despite the twists and turns. After several rounds of adjustment of the key points of China's R&D funds, China's existing structural system and management system of science and technology R&D funding are formed gradually. This study reviews the development and the evolution of China's R&D funding systems and identifies several key development stages. Through the data of the funding, we analyze the investment and the expenditure structure of China's R&D funding system and the R&D expenditures in different regions of China. Finally, some suggestions are put forward.

science and technology R&D funding  /  structure of R&D funding  /  science and technology R&D funding system