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.
R&D
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Ex-ADB Chief Praises China’s Innovation Drive in Tech and R&D
Former ADB President Takehiko Nakao highlights China’s R&D investments and talent development as key drivers of global innovation at Bund Summit 2025.
Huawei’s 2024 Growth Fueled by R&D Commitment
Huawei reports $118.67B revenue with 20.8% R&D investment in 2024, driven by AI expansion and HarmonyOS ecosystem recovery.
China Emerges as Global Leader in Tech Adaptation and Scientific Innovation
Standard Chartered CEO Bill Winters highlights China’s leadership in adapting global technologies and advancing scientific research, reshaping global innovation landscapes.
Volkswagen Accelerates Localization to Keep Pace with China’s Market
Volkswagen is intensifying its localization efforts in China by establishing a new R&D center in Hefei, aiming to shorten development cycles by 30% and keep pace with the dynamic Chinese market.