Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong amid China’s tech drive

Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong amid China’s tech drive

China’s southern tech hub Shenzhen spent a record amount on research and development (R&D) last year, rivalling Beijing’s level and vastly exceeding that of neighbouring Hong Kong to cement its position as a national research mecca. Shenzhen’s R&D expenditure jumped to 223.66 billion yuan (US$30.93 billion) in 2023, surpassing the 200-billion-yuan mark for the first … Read more

China to boost talent pool in science and technology with ‘world-class’ doctoral training

China to boost talent pool in science and technology with ‘world-class’ doctoral training

Beijing is moving to boost the country’s talent ranks in the fields of science and technology by creating more doctoral programmes in key areas such as medicine, engineering and emerging fields. The State Council – China’s cabinet – and the Communist Party’s Central Committee issued guidelines on Sunday calling on education authorities and universities to … Read more