China's centrally administered state-owned enterprises (SOEs) have made significant contributions to building China into an innovation powerhouse. Their R&D spending topped 1 trillion yuan (US$145.2 billion) for the first time in 2022.
China's central SOEs invest 1 trillion yuan in R&D in 2022
?China's centrally administered state-owned enterprises (SOEs) have made significant contributions to building China into an innovation powerhouse. Their R&D spending topped 1 trillion yuan (US$ 145.2 billion) for the first time in 2022.