In 2022, large software and IT service companies spend over 821 billion yuan on research and development in China. The Chinese government had stipulated that it wanted to support its domestic tech industry. However, in recent years, Beijing wanted to shift the focus away from the broad tech sector towards designated high-tech industries by tightening the requirements for companies to qualify for "key software enterprises".
Value of research and development expenditure of software and IT businesses in China in 2022, by size of enterprise
(in billion yuan)
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MIIT. (September 27, 2023). Value of research and development expenditure of software and IT businesses in China in 2022, by size of enterprise (in billion yuan) [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/1400523/china-randd-expenditure-of-software-and-it-companies-by-business-size/
MIIT. "Value of research and development expenditure of software and IT businesses in China in 2022, by size of enterprise (in billion yuan)." Chart. September 27, 2023. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/1400523/china-randd-expenditure-of-software-and-it-companies-by-business-size/
MIIT. (2023). Value of research and development expenditure of software and IT businesses in China in 2022, by size of enterprise (in billion yuan). Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/1400523/china-randd-expenditure-of-software-and-it-companies-by-business-size/
MIIT. "Value of Research and Development Expenditure of Software and It Businesses in China in 2022, by Size of Enterprise (in Billion Yuan)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/1400523/china-randd-expenditure-of-software-and-it-companies-by-business-size/
MIIT, Value of research and development expenditure of software and IT businesses in China in 2022, by size of enterprise (in billion yuan) Statista, https://www.statista.com/statistics/1400523/china-randd-expenditure-of-software-and-it-companies-by-business-size/ (last visited September 21, 2024)
Value of research and development expenditure of software and IT businesses in China in 2022, by size of enterprise (in billion yuan) [Graph], MIIT, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/1400523/china-randd-expenditure-of-software-and-it-companies-by-business-size/