Germany to spend 3.5% of GDP on research

Germany has committed to increasing its combined public and private R&D spending to 3.5 per cent of GDP by 2025, its research minister has revealed.

In a report on the country’s Hightech Strategy, a long-term plan for technology development and innovation, the government said that the increase would be crucial to maintaining economic leadership. Germany’s previous goal of spending 3 per cent of GDP on R&D by 2020 was met early in 2015.

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