CCTV News (News Network): Since the beginning of this year, the pace of foreign-funded enterprises setting up R&D centers in China has accelerated significantly. More and more multinational companies have increased investment in R&D and accelerated the development and implementation of new technologies and products.
Not long ago, the German Bosch Group signed a contract with Suzhou Industrial Park, planning to invest 10 billion yuan in the next five years to build innovative research and development projects in the intelligent driving control industry. The new project will accelerate the intelligent upgrading of the automotive industry and export technological achievements to the global market.
China’s research and development to serve the world is becoming the consensus of more multinational companies. In May this year, Schneider Electric established a new innovation center in Beijing to focus on industrial automation adaptation and transformation. Last month, another innovation center of this multinational company was completed and put into operation in Shanghai. As of now, the total number of foreign-funded R&D centers in Shanghai has exceeded 600, and the number of foreign-funded R&D centers in Beijing has doubled compared with last year.
The establishment of R&D centers has made China increasingly attractive to foreign-invested enterprises, especially advanced manufacturing industries. In Jiaxing, Zhejiang, Danish industrial giant Danfoss invested an additional 2.7 billion yuan to build its second park in China. This is the company's 10th capital increase in the past 20 years and will build a future factory and zero-carbon industrial park integrating R&D, testing, production and display.
In the first eight months of this year, more than 42,000 foreign-invested enterprises were established nationwide, a year-on-year increase of 14.8%. Relevant national departments will provide a good environment for foreign-funded enterprises to innovate and develop in China through a number of measures such as improving the convenience of research and development, encouraging the introduction of overseas talents, and improving the level of intellectual property protection.
