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Mainland Central SOEs' Basic Research Investment Exceeds RMB100 Billion for First Time Last Year
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The State-owned Assets Supervision and Administration Commission of the State Council stated that during the "14th Five-Year Plan" period, central state-owned enterprises (SOEs) recorded research and development investment exceeding RMB1 trillion for four consecutive years. Among them, basic research investment increased from RMB56.5 billion in 2021 to RMB102.4 billion in 2025, surpassing RMB100 billion for the first time. At present, central SOEs are deeply integrated into the national basic research system. A total of 34 central SOEs have jointly established enterprise joint funds with the National Natural Science Foundation of China exceeding RMB12 billion. Central SOEs are leading the construction of 91 national key laboratories and have set up eight industry common technology research institutes, with closer collaboration among industry, academia and research institutions. Twenty-five central SOEs have partnered with 10 national laboratories to carry out 183 research projects, and have jointly established a number of collaborative R&D institutions with Huairou, Pengcheng and Hefei laboratories in areas such as new power systems, artificial intelligence and quantum communication. In addition, 58 central SOEs have established 97 original technology innovation hubs. By 2030, basic research investment by central SOEs will double compared with 2025, becoming a key driving force in Chinas basic research development. (jl/a) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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