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    ✅ Yes, the content seems to be true and authentic, as reported by several sources.

    These, include:

    1. https://english.www.gov.cn/news/202505/14/content_WS68248a7ac6d0868f4e8f28b2.html - (Trust Score 8/10)

    - China will increase its financial support for sci-tech innovation to improve the country's self-reliance and strength in science and technology.

    2. http://english.scio.gov.cn/m/pressroom/2025-04/02/content_117801312.html - (Trust Score 7/10)

    - Efforts will be made to bolster services in technology credit and insurance, promote the pilot projects of technology finance policies, and enhance fiscal policies to support enterprises in sci-tech innovation.

    3. https://www.tomshardware.com/tech-industry/china-to-spend-usd55-billion-on-r-and-d-in-2025-semiconductor-ai-and-quantum-computing-fields-to-benefit - (Trust Score 8/10)

    - China plans to allocate ¥398.12 billion yuan ($55 billion) for science and technology in 2025, emphasizing its commitment to accelerating national R&D, particularly in sectors like semiconductors, AI, and quantum computing.