Search
Foreign-invested enterprises have been pivotal in China's reform and opening-up journey. Leveraging the nation's enhanced intellectual property protection and open scientific and technological ecosystem, multinational corporations have expedited their efforts to establish R&D centers in China. The data underscores a remarkable surge in the number of foreign-invested R&D centers in Shanghai and Beijing. Between 2013 and 2023, the count of R&D personnel in China's above-scale foreign-invested industrial enterprises rose by 33.2%, R&D expenditure skyrocketed by 86.5%, the number of valid invention patents soared by 336%, and sales revenue from new products increased by 56.9%. This transformation signifies a shift in the investment strategy of multinational corporations in China, transitioning from market and cost-centric approaches to innovation-driven collaborations.
-
C114 Communication Network -
Communication Home
