Expenditure of high-tech companies on product development 2021, by sector

Published by C. Textor, Jan 3, 2023
The statistic shows the expenditure of high-tech companies on product development in China for the development of new products in 2021, by sector. In 2021, companies from the electronic chemicals manufacturing sector in China spent around 1.61 billion yuan on the development of new products.

Expenditure of high-tech companies on the development of new products in 2021, by sector (in billion yuan)

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Sources

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Release date

October 2022

Region

China

Survey time period

2021

Supplementary notes

According to the source, data refer to enterprises with a sales revenue above 20 million yuan.

One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of January 2023).

Values have been rounded to provide a better understanding of the statistic.

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