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channelnewsasia - 1 month ago

China ramps up tech commitment in 5-year plan, eyes 7% boost in R D spend

SHANGHAI: China will increase its annual research and development spending by more than 7 per cent every year over the next five years, the government wrote on Friday (Mar 5) in its work report from the Fourth Session of the 13th National People s Congress. The government will increase expenditure ...


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