The Draghi report states that Europe needs 750 to 800 billion euros annually in investments to compete with China and the USA.

Sources

• PrimaryEuropean Commission - The Future of European Competitiveness (Official Report)The report identifies a need for €750-800 billion in additional annual investment to maintain EU competitiveness against China and the USA
• PrimaryEuropean Commission - Address by Mario Draghi at the Presentation of the reportEUR 750-800 billion in additional investment will be required each year
• SecondaryDW - EU report calls for €800 billion investment boostMario Draghi's report calls for €750-800 billion in additional annual investment to counter competition from China and the US
• SecondaryScience Europe - Research Funding at the Forefront of EU Strategy in the Draghi ReportThe report calls for the EU to boost research and innovation spending to EUR 750-800 billion annually