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Chinese Companies Pour Billions into R&D, Stop Mimicking US, Japan, Korea

Chinese companies want to stop economic stagnation due to the property market dip and want to focus on aggressive investment in the tech sector. ....

Wu Jing , United States , Jiangsu Shemar , Hygon Information Technology , Nikkei Asia , Jiangsu Shemar Electric , Shemar Electric , China Research And Development , Hina Development Research Investment , Hina Investment And Research , Hinar Amp D ,

China R&D investment doubles over 5 years

Chinese companies are stepping up investments to develop their own products without mimicking technologies acquired from overseas peers, reports Nikkei Asia. Companies listed in China spent RMB 1.64 trillion ($228 billion) on research and development programs in 2022, marking a 2.6-fold increase over the past five years. "We have captured a market share of 90%… ....

Wu Jing , United States , Jiangsu Shemar , Shanghai Stock Exchange , Jiangsu Shemar Electric ,