About This Source - CGTN
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.htmlCGTN YouTube Channel
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In This Story: China
China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong.