The southern city put nearly US$31 billion into R&D last year, driven partly by robust spending from tech giants like Huawei.
Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong amid China’s tech drive
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SCMP
South China Morning Post (SCMP) is a Chinese English-language newspaper and digital news media outlet founded in 1903, and owned by Alibaba Group. It covers breaking news from China, news updates from Asia, as well as international stories making headlines.