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R&D ramp up: Investments expected to intensify in China

Chinese companies have strong commercial and political incentives to reduce their reliance on overseas innovation performance for the core technologies in their products. In our 2021 China Product Development survey, some 80 percent of respondents expect the increase in the R&D intensity of Chinese companies to exceed global industry averages.

Respondents expect the R&D investments of companies in China to increase more rapidly than those of companies elsewhere.
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To read the article, see “China’s digital R&D imperative,” August 16, 2021.