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MNI BRIEF: German Firms Expanding R&D In China

MNI (BEIJING) - German companies conducting research in China rose to 63% of surveyed firms, up 6 percentage points from 2022, according to a recent survey by the German Chamber of Commerce in China.

The results showed an increasing trend of localisation, with 29% using China R&D for foreign markets, versus 25% two years ago, the chamber noted on Monday.

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MNI (BEIJING) - German companies conducting research in China rose to 63% of surveyed firms, up 6 percentage points from 2022, according to a recent survey by the German Chamber of Commerce in China.

The results showed an increasing trend of localisation, with 29% using China R&D for foreign markets, versus 25% two years ago, the chamber noted on Monday.

Keep reading...Show less