The "Monitoring Report on the Innovation Capacity of Chinese General Universities 2016" released by the Ministry of Science and Technology on the 9th shows that as of 2015, the full-time equivalent of R&D personnel in Chinese universities was 355,000-years, an increase of 46.7% over 2006. Ranked first in the world.
The internal expenditure of funding for colleges and universities continues to increase, reaching 99.86 billion yuan in 2015, 3.6 times that of 2006.
According to the Economic Information Daily, the total amount of horizontal scientific research funding received by universities in 2015 exceeded 35 billion yuan, and the direct transaction volume of scientific and technological achievements exceeded 2 billion yuan. Patent applications and grants are growing rapidly. The number of patent authorizations in colleges and universities was 136,000, of which the number of invention patent authorizations reached 57,000, more than one-fifth of the national total and 9.2 times that of ten years ago.