As of my last update, China has been steadily increasing its research and devel

As of my last update, China has been steadily increasing its research and development (R&D) spending over the years. In 2021, China's R&D expenditure reached 2.79 trillion yuan, which represented an increase of 14.9% from the previous year. If the trend continued, it is plausible that by 2023, China's R&D expenditure could have exceeded 3.3 trillion yuan.

This growth aligns with China's ambition to become a global leader in technology and innovation by the end of the decade. The country's investment in R&D is part of a broader strategy to transition from a manufacturing-based economy to one driven by innovation and high-tech industries.

However, for the most current and specific figures regarding China's R&D expenditure in 2023, it would be necessary to consult the latest data releases from authoritative sources such as the National Bureau of Statistics of China or the MINIstry of Finance, as these figures are subject to change with each fiscal year's finalized accounts.