China’s rapid rise in science has hit a milestone. The country’s investment in research and development has reached parity with – and by purchasing power measures has surpassed – that of the United States, according to a March 2026 report from the Organisation for Economic Co-operation and Development. Both nations have crossed the US$1 trillion threshold on research spending.
For 80 years, the U.S. operated the most productive scientific and technological enterprise in human history. Breakthroughs and advances that came from American labs included the internet; the mRNA vaccine; the transistor and its children, semiconductors and microprocessors; the Global Positioning System; and many more.
