- CNTV English - CCTV News

Austria plans to increase scientific research spending

06-01-2011 10:29 BJT

VIENNA, May 31 (Xinhua) -- Austria plans to raise the proportion of investment in research from the current 2.79 percent of its gross domestic product (GDP) to 3.76 percent by 2020, according to the Research and Technology Report 2011 released by the Austrian Government on Tuesday.

Figures from Statistics Austria showed that the proportion of scientific research spending in Austria in 2010 accounted for 2.78 percent of its GDP, while in 2011 it only increased by 0.01 percent. The proportion of scientific research spending in Austria has been stagnant for three consecutive years.

In 2011, Austria invested a total of 8.286 billion euros (11.84 billion U.S. dollars) in scientific research, of which 44.6 percent came from companies, 38.7 percent was invested by government, 16 percent came from abroad, and the rest came from society.

Although scientific research spending in Austria is growing every year, it has been being stagnant compared to its economic growth rate.

The Research and Technology Report is drawn up by the Joanneum Research (JR), Austrian Institute of Economic Research (WIFO), Austrian Institute of Technology (AIT) and Statistics Austria for the Austrian government.

Editor:Wang Xiaomei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program