Analysis On The Effect Of R&D Scale And Structure To China's Economic Growth In New Normal

In recent years,China's remarkable rate of economic growth has attracted the world's attention,after more than 20 years of sustained growth,the annual average rate of growth has maintained at 10% around,the total economic output has been the world's second largest place.But under the influence of the financial crisis,Chinese economy has entered a "new normal" phase with the rate of economic growth maintaining about 7%.During the "new normal" period,the key to economic growth is to change the factor-driven into innovationdriven.This article builds a driving growth model contains both the scale and structure of R&D that using a method combining qualitative and quantitative analyses,which is based on the systematic analysis of China's "new normal" economic development status,R&D funding status,R&D investment scale and R&D investment structure and other indicators.This article study the influence of R&D scale and R&D structure on the economic growth of our country based on panel data,quantile regression model and correspondence analysis,with the aid of the R quantitative analysis software,that using the data of 13 provinces in 31 years of China.The study found that R&D scale can promote economic growth,basic research and experimental development are more conducive than the application research to promoting China's economic growth,and that two aspects of the enterprise in the funds and total amount of personnel have promotion effects on economic development,but universities and research institutions are on the contrary side.With the different level of urban development,the scale and structure of R&D have different stimulating effect on economic growth.It appears an overall trend that R&D investment promotes the economy stronger in the low quantile level region.According to the empirical analysis results this paper Put forward that our country should increase the R&D funds investment,improve the efficiency of the use of R&D;optimize the investment structure of R&D,pay attention to the spatial distribution of R&D,reduce regional differences and other proposals to promote economic growth.