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How much is $1.341 billion worth? How much scientific research can be done?

▎ WuXi AppTec content team editor

Recently, a well-known network anchor was found to have evaded taxes of 643 million yuan, and other underpaid taxes of 0.6 billion yuan. The tax administrative treatment penalty decision, the anchor recovered taxes, increased late fees and imposed fines totaling 1.341 billion yuan. Many netizens also complained that they never expected network anchors to make so much money...

1.341 billion yuan is equivalent to 210 million US dollars, which is too large a number for ordinary people to have no concept. In order to facilitate the understanding of how big this number is, we substitute scientific research cases to get a general understanding.

How much is $1.341 billion worth? How much scientific research can be done?

Image credit: 123RF

According to the NIH standard for postdoctoral salaries in the United States, postdoctoral researchers who have just graduated from doctorates earn about $53,760 per year, and postdoctoral researchers with 7 years or more of work experience can be opened to $65,292. 1.341 billion yuan, about 3217 to 3906 postdoctoral students can be raised at the same time for one year.

The Human Genome Project costs about $2.7 billion. Converted to now, it is about 5.51 billion US dollars. 1.341 billion yuan accounts for roughly 3.8% of the entire project, and it can measure the sequence of almost a single chromosome. Of course, this comparison is not accurate, because sequencing technology is also developing rapidly. According to the latest data from the US NIH, the cost of sequencing a person's genome can already drop below $1,000. At $1,000, 1.341 billion yuan can measure the genome sequence of 21 million people, equivalent to one Romania, or two Greece, and close to the total population of Sweden, Denmark, Finland, and Norway.

How much is $1.341 billion worth? How much scientific research can be done?

According to the Financial Times, the price of a single shot of the COVID-19 vaccine for Pfizer and Moderna is about $22 to $25. About 1.341 billion yuan can buy between 8.4 million and 9.55 million injections of mRNA vaccines.

Let us turn our gaze again to the sea of stars. The launch cost of spaceX's Falcon 9 rocket is around $60 million. 1.341 billion yuan is enough to launch 3.5 times into space. If it were a human, the current price for a single person in space is about $250,000 to $500,000. 1.341 billion yuan is enough to send 420 to 840 people into space. If you send one a day, you can send it for a year or two.

Looking further afield, juno, the ring-orbiting Jupiter probe launched in 2011, cost about $1 billion, equivalent to about $2.81 billion today. Similarly, the recently landed on Mars, the Perseverance rover, cost about $2.7 billion. As we have already converted, 1.341 billion yuan is equivalent to 210 million US dollars, which is close to 10% of these major scientific projects.

How much is $1.341 billion worth? How much scientific research can be done?

What other way do you understand the clever conversion of this number? Tell us in the comments!

Resources:

[1] Ruth L. Kirschstein National Research Service Award (NRSA) Stipends, Tuition/Fees and Other Budgetary Levels Effective for Fiscal Year 2021, Retrieved December 20, 2021, from https://grants.nih.gov/grants/guide/notice-files/NOT-OD-21-049.html

[2] Human Genome Project FAQ, Retrieved December 20, 2021, from https://www.genome.gov/human-genome-project/Completion-FAQ

[3] DNA Sequencing Costs: Data, Retrieved December 20, 2021, from https://www.genome.gov/about-genomics/fact-sheets/DNA-Sequencing-Costs-Data

[4] Pfizer and Moderna raise EU Covid vaccine prices, Retrieved December 20, 2021, from https://www.ft.com/content/d415a01e-d065-44a9-bad4-f9235aa04c1a

[5] William Shatner went to space. Here's how much it would cost you. Retrieved December 20, 2021, from https://www.usatoday.com/story/money/2021/09/15/how-can-go-space-inspiration-4-and-future-space-travel/8350606002/

[6] What’s behind SpaceX’s $74 billion valuation: Elon Musk’s two ‘Manhattan Projects’, Retrieved December 20, 2021, from https://www.cnbc.com/2021/02/19/spacex-valuation-driven-by-elon-musks-starship-and-starlink-projects.html

[7] 25 of the most expensive science experiments in human history, Retrieved December 20, 2021, from https://stacker.com/stories/3727/25-most-expensive-science-experiments-human-history

[8] The Most Expensive Science Experiments To Date, Retrieved December 20, 2021, from https://medium.com/lessons-from-history/the-most-expensive-science-experiments-to-date-36056eab4e72

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How much is $1.341 billion worth? How much scientific research can be done?
How much is $1.341 billion worth? How much scientific research can be done?
How much is $1.341 billion worth? How much scientific research can be done?
How much is $1.341 billion worth? How much scientific research can be done?

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