Posted inChina, European Union, Japan, Northeast Asia, World

China breaks US$250 bn mark in R&D investment

In 2017, the total investment in research and development in China exceeded 1.76 trillion yuan (US$250 billion), a rise of 12.3% from a year earlie, People’s Daily reported. The ratio of R&D expenditure to GDP also reached a historical high of 2.13%, according to a report co-released by the National Bureau of Statistics, the Ministry […]