COSCO SHIPPING Group: research and development (R&D) spending 2010-2021

Published by
Wenyi Zhang,
Jan 3, 2024
In 2021, the research and development (R&D) expenditure of China COSCO SHIPPING Cor., Ltd. was about 4.25 billion yuan, an increase of 74 percent year-over-year. R&D spending accounted for approximately 0.8 percent of COSCO SHIPPING Group's revenue in that year.

Research and development (R&D) expenditures of China COSCO SHIPPING Corporation Limited from 2010 to 2021 (in billion yuan)

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Release date

September 2022

Region

China

Survey time period

2010 to 2021

Supplementary notes

*Figures for 2010 to 2017 were obtained from the previous COSCO Sustainability Reports.

Figures have been rounded to provide better presentation of the statistic.
One yuan is equal to about 0.14 U.S. dollars or 0.14 euros (as of November 2022).

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