Though China has cut its GDP growth target to 7.5 percent for 2012, the lowest in over 20 years, the government is determined to go on increasing its spending on science and technology, especially the basic research sector, according to Premier WEN Jiabao’s government report adopted by the 11th National People’s Congress in March 2012. A draft budget shows that in the coming year China will earmark Though China has cut its GDP growth target to 7.5 percent for 2012, the lowest in over 20 years, the government is determined to go on increasing its its spending on science and technology, especially the basic research sector, according to Premier WEN Jiabao’s government reported by the 11th National People’s Congress in March 2012. A draft budget shows that in the coming year China will earmark