In 2022, Li-Ning invested 29 percent more in research and development (R&D) compared to the previous year. This was the highest year-over-year R&D spending increase among China's leading domestic sportswear brands. X-Step followed with 18.6 percent growth. Meanwhile, ANTA Sports increased its R&D investment by 14.6 percent, yet ranking first in terms of investment amount.
Annual growth of the investment in research and development (R&D) of China's major domestic sportswear brands in 2022
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iResearch. (November 27, 2023). Annual growth of the investment in research and development (R&D) of China's major domestic sportswear brands in 2022 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1462547/china-sportswear-r-and-d-investment-growth-by-brand/
iResearch. "Annual growth of the investment in research and development (R&D) of China's major domestic sportswear brands in 2022." Chart. November 27, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1462547/china-sportswear-r-and-d-investment-growth-by-brand/
iResearch. (2023). Annual growth of the investment in research and development (R&D) of China's major domestic sportswear brands in 2022. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1462547/china-sportswear-r-and-d-investment-growth-by-brand/
iResearch. "Annual Growth of The Investment in Research and Development (R&d) of China's Major Domestic Sportswear Brands in 2022." Statista, Statista Inc., 27 Nov 2023, https://www.statista.com/statistics/1462547/china-sportswear-r-and-d-investment-growth-by-brand/
iResearch, Annual growth of the investment in research and development (R&D) of China's major domestic sportswear brands in 2022 Statista, https://www.statista.com/statistics/1462547/china-sportswear-r-and-d-investment-growth-by-brand/ (last visited December 23, 2024)
Annual growth of the investment in research and development (R&D) of China's major domestic sportswear brands in 2022 [Graph], iResearch, November 27, 2023. [Online]. Available: https://www.statista.com/statistics/1462547/china-sportswear-r-and-d-investment-growth-by-brand/
