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BEIJING Cheap Pittsburgh Steelers Shirts , Oct. 2 (Xinhua) -- China's spending on research and development (R&D) expanded in 2013, reaching 11.847 trillion yuan (about 1.93 trillion U.S. dollars), latest data from the National Bureau of Statistics (NBS) showed.


R&D expenditures accounted for 2.08 percent of the country's gross domestic product (GDP) in 2013, compared to 1.98 percent in 2012, according to the NBS.


R&D expenditure as a percentage of GDP is viewed as an important indicator to evaluate a country's investment in innovation.


China's spending on R&D has been rising rapidly since 1995 at an annual growth rate of 21.6 percent. R&D spending in 2013 was 33 times higher than that of 1995, the NBS data showed.


In 1995 Cheap Pittsburgh Steelers Jerseys , R&D expenditures accounted for only 0.57 percent of GDP.

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