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China's central SOEs invest 1 trillion yuan in R&D in 2022

China.org.cn
| February 24, 2023
2023-02-24

China's centrally administered state-owned enterprises (SOEs) have made significant contributions to building China into an innovation powerhouse. Their R&D spending topped 1 trillion yuan (US$145.2 billion) for the first time in 2022.

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