China Accelerates Tech Innovation Strategy to Boost Global Competitiveness
China reports 141.7% growth in tech contract value since 2020, with new institutional frameworks accelerating commercialization of scientific breakthroughs.
News & Insights Across Asia
China reports 141.7% growth in tech contract value since 2020, with new institutional frameworks accelerating commercialization of scientific breakthroughs.
China approves 61,207 new foreign firms in 2025, up 16.9%, as high-tech sectors and European investors drive growth despite mixed FDI figures.
China’s major industrial enterprises reported profits of 5.23 trillion yuan in the first three quarters, with high-tech manufacturing leading growth despite an overall decline.
China’s economy continues to show resilience with steady growth and positive momentum in industrial production, consumption, and overall economic indicators, highlighting its commitment to long-term development.
China’s economy continues to demonstrate resilience and steady growth amid global uncertainties, with high-tech manufacturing driving industrial profits and consumer confidence on the rise.
China’s industrial firms posted profit growth in the first eight months, led by a surge in high-tech manufacturing profits, despite challenges like insufficient demand and extreme weather, official data shows.
China’s economy maintained steady growth in the first half of 2024, with GDP reaching 61.68 trillion yuan, showcasing resilience and leading global economic development through high-quality advancements.