China's top private firms in R&D investment see steady rise in innovation spending

NAMPA / Xinhua

2025-09-26

XI'AN, Sept. 26 (Xinhua) -- China's top 1,000 private enterprises in research and development (R&D) investment reported steady growth in innovation spending in 2024, according to a report released by the All-China Federation of Industry and Commerce on Friday. The report, released at a conference on the private economy held in China's northwestern city of Xi'an, showed that the total R&D expenditure of these leading private firms reached 1.43......

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