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Shanghai sees over 320 new tech firms daily in 2025

NAMPA / Xinhua
2026-02-04
SHANGHAI, Feb. 4 (Xinhua) -- Shanghai vigorously promoted scientific and technological innovation last year, with an average of more than 320 new tech firms established daily across this city in east China, according to the ongoing annual session of its municipal people's congress. According to the municipal government work report, Shanghai's expenditure on R&D as a share of the city's GDP reached approximately 4.5 percent in 2025. The tota......
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