Spending on new product development in high-tech industry in China 2011-2021

Published by C. Textor, Feb 8, 2023
The graph shows expenditure for new products in China's high-tech industry from 2011 to 2021. In 2021, spending on new products in the high-tech industry amounted to nearly 751 billion yuan in China.

Expenditure for new product development in China's high-tech industry from 2011 to 2021 (in billion yuan)

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Source

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Release date

February 2023

Region

China

Survey time period

2011 to 2021

Supplementary notes

One yuan equals approximately 0.15 U.S. dollars and 0.14 euros (as of February 2023).

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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