Chinese businesses contribute tremendously to improve innovation

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This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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  • CGTN published this video item, entitled “Chinese businesses contribute tremendously to improve innovation” – below is their description.

    In 2017, among China’s research and development (R&D) budget, 190 billion U.S. dollars comes from business capital, occupying 76.5 percent of the entire public research and development budget. Building upon 181,000 high/new technology companies and 130,000 small and medium-sized technology enterprises, a group of internationally competitive key businesses and multinationals is created. For more: https://news.cgtn.com/news/2020-09-26/Chinese-businesses-contribute-tremendously-to-improve-innovation-U5IS5Jw7Ty/index.html

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