Logo 31 Jan 2023

R&D investment tops RMB 3 trillion – but is that enough?

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On January 20, China’s National Bureau of Statistics released preliminary gross R&D expenditure figures for 2022.
The key takeaway: Investment in research and development continues to soar.
China’s total R&D spending exceeded RMB 3 trillion for the first time, expanding by over 10.4% from 20...