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 December 23, 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 December 23, 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: December 23, 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 December 23, 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/