The Chinese government is dedicated to developing the Guangdong - Hong Kong - Macao Grater Bay Area into a leading technological hub in Asia. In 2021, internal expenditure on research and development (R&D) in Shenzhen alone reached 168.2 billion yuan.
Internal expenditure on research and development (R&D) in the Guangdong-Hong Kong-Macao Greater Bay Area in 2021, by city
(in billion yuan)
Figures for mainland Chinese cities have been taken from the Guangdong Statistical Yearbook 2023, chapter 19.21.
The figure for Hong Kong has been taken from the Hong Kong Annual Digest of Statistics, table 7.1, and converted to Chinese yuan based on the average annual exchange rate.
The figure for Macao has been taken from Worldbank data and converted to Chinese yuan based on the average annual exchange rate.
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2024).
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Statista. (August 29, 2024). Internal expenditure on research and development (R&D) in the Guangdong-Hong Kong-Macao Greater Bay Area in 2021, by city (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1330100/internal-research-and-development-expenditure-in-gba-in-china-by-city/
Statista. "Internal expenditure on research and development (R&D) in the Guangdong-Hong Kong-Macao Greater Bay Area in 2021, by city (in billion yuan)." Chart. August 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1330100/internal-research-and-development-expenditure-in-gba-in-china-by-city/
Statista. (2024). Internal expenditure on research and development (R&D) in the Guangdong-Hong Kong-Macao Greater Bay Area in 2021, by city (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1330100/internal-research-and-development-expenditure-in-gba-in-china-by-city/
Statista. "Internal Expenditure on Research and Development (R&d) in The Guangdong-hong Kong-macao Greater Bay Area in 2021, by City (in Billion Yuan)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1330100/internal-research-and-development-expenditure-in-gba-in-china-by-city/
Statista, Internal expenditure on research and development (R&D) in the Guangdong-Hong Kong-Macao Greater Bay Area in 2021, by city (in billion yuan) Statista, https://www.statista.com/statistics/1330100/internal-research-and-development-expenditure-in-gba-in-china-by-city/ (last visited November 21, 2024)
Internal expenditure on research and development (R&D) in the Guangdong-Hong Kong-Macao Greater Bay Area in 2021, by city (in billion yuan) [Graph], Statista, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1330100/internal-research-and-development-expenditure-in-gba-in-china-by-city/
