R&D Expands in Chinese Research Parks/Patent Filings Soar, Business and Industry Trends Analysis

There are three trends at work in the growth of R&D in China.  The first is that R&D spending has been growing significantly for many years.  For 2020, gross expenditures on R&D in China were expected to reach $564 billion (or 1.98% of GDP), according to R&D Magazine’s 2020 Global R&D Funding Forecast.  China has R&D goals laid out in the National Medium- and Long-Term Plan for the Development of Science and Technology. This is a 15-year plan, originally published in 2014, which is updated on a regular basis. Of importance, the plan outlines ways to assimilate and then improve…

A Representative List of Organizations that Have Used our Research and Products: