{"id":520443,"date":"2026-03-05T14:21:08","date_gmt":"2026-03-05T14:21:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/520443\/"},"modified":"2026-03-05T14:21:08","modified_gmt":"2026-03-05T14:21:08","slug":"does-chinas-science-budget-boost-confirm-it-is-listening-to-everything-elon-musk-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/520443\/","title":{"rendered":"Does China\u2019s science budget boost confirm it is listening to everything Elon Musk says?"},"content":{"rendered":"

With Beijing allocating 426.42 billion yuan (US$61.7 billion) for the sector, it is positioning frontiers such as future energy, brain-computer interfaces and satellite internet as China\u2019s future industries, with the nation doubling down on science and technology spending to support them.<\/p>\n

<\/p>\n

02:16<\/p>\n

Chinese premier sets 2026 GDP growth target at 4.5-5%<\/p>\n

Chinese premier sets 2026 GDP growth target at 4.5-5%<\/p>\n

The allocation amounts to a 10 per cent year-on-year rise for science \u2013 the largest percentage increase among the government\u2019s major spending areas, outpacing defence, diplomacy, public security and education.<\/p>\n

The numbers were released in the Ministry of Finance\u2019s draft budget report released during the annual legislative sessions in Beijing on Thursday.<\/p>\n

Musk has pointed out the overlap in the past. \u201cIt seems like China listens to everything I say and does it, basically,\u201d the billionaire said in a podcast interview in January.<\/p>\n

\u201cOr at least they\u2019re doing it independently \u2013 I don\u2019t know.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"With Beijing allocating 426.42 billion yuan (US$61.7 billion) for the sector, it is positioning frontiers such as future…\n","protected":false},"author":2,"featured_media":520444,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[256,64,63,3686,99,512,259677,164,3120,15596,29137,18468,259137,51734,21045,5707,1894,1055,259678],"class_list":["post-520443","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ai","tag-au","tag-australia","tag-beijing","tag-business","tag-china","tag-digital-china-initiative","tag-economy","tag-elon-musk","tag-li-qiang","tag-ministry-of-finance","tag-national-development-and-reform-commission","tag-national-peoples-congress","tag-neuralink","tag-rd","tag-starlink","tag-stem","tag-united-states","tag-zhang-tong"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/520443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=520443"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/520443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/520444"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=520443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=520443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=520443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}