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Spending on new product development in high-tech industry in China 2010-2020

Published by C. Textor, Jan 25, 2022
The graph shows expenditure for new products in China's high-tech industry from 2010 to 2020. In 2020, spending on new products in the high-tech industry amounted to nearly 615.24 billion yuan in China.

Expenditure for new product development in China's high-tech industry from 2010 to 2020 (in billion yuan)

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Source

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Release date

January 2022

Region

China

Survey time period

2010 to 2020

Supplementary notes

One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of January 2022).

According to the source, the high-tech industry includes aerospace, electrotechnologies, telecommunications, computer manufacturers, the pharmaceutical industry and medical technologies.

The source does not provide a release date. The date given is the date of data access.

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