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Alibaba Cloud Developer
Alibaba Cloud Developer
Nov 3, 2016 · R&D Management

China’s R&D Surge Leads Global Innovation Rankings in 2016

The 2016 Global Innovation 1000 report by PwC’s Strategy& reveals that Chinese companies, led by Alibaba, dramatically increased R&D spending, boosting their share of global innovation and shifting from cost competition to technology‑driven growth.

AlibabaChinaCorporate Spending
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China’s R&D Surge Leads Global Innovation Rankings in 2016