CGTN | 27-May-2020 | Innovative Centers | Beijing, Shenzhen, Guangzhou
Despite Beijing, Shenzhen innovations successes, some other cities in China still lag. Guangzhou is one of them. In recent years, it has devoted no more than 3 percent of its GDP to R&D, almost half of the investment made by innovative centers like Beijing and Shenzhen. Guangzhou only saw 10,000 invention-creation patents granted in 2018. This puts this first-tier city in the same league as second-tier centers. Continue reading “Chinese cities turn to innovation as engine for development – Guangzhou still lag”