China's investment in research and development hit 2.44 trillion yuan in 2020, surging 10.2 percent year-on-year, according to a latest report jointly released Wednesday by the National Bureau of Statistics, the Ministry of Science and Technology, and the Ministry of Finance.

A technician works at the workshop of the carmaking-related chip production company in Qinhuangdao, Hebei province. [Photo/Xinhua]

The investment was 146.7 billion yuan for basic research, 275.7 billion yuan for applied research and 2.02 trillion yuan for experimental development, reflecting year-on-year increases of 9.8 percent, 10.4 percent and 10.2 percent, respectively.