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world1d ago
China boosts science budget: is it listening to everything Elon Musk says?
- China's 2026 budget draft allocates 426.42 billion yuan to science and tech, signaling a major push.
- The science budget would rise about 10% year over year, the largest increase among major spending areas.
- Beijing links funding to future industries such as energy, brain-computer interfaces, and satellite internet.
- The budget move occurs as part of broader policy goals to deepen science and tech self-reliance.
- Elon Musk privately commented that China seems to listen to his ideas, prompting discussion about influence on policy.
- Chinese Premier set 2026 GDP growth target within a broader economic plan discussed during the annual sessions.
- The report was released during China’s annual legislative sessions in Beijing.
- The science budget’s growth outpaced increases in defence, diplomacy, public security, and education.
- Official figures frame science funding as critical to China’s economy and technological rise.
- The report ties Beijing’s science push to global tech competition, including the US.
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