Guangdong - Expenditure on New Products Development of Industrial Enterprises above Designated Size

46,369,761.8 (10,000 yuan) in 2021

In 2021, expenditure on new products development for Guangdong was 46.4 million 10,000 yuan. Between 2012 and 2021, expenditure on new products development of Guangdong grew substantially from 11.9 million to 46.4 million 10,000 yuan rising at an increasing annual rate that reached a maximum of 26.14% in 2016 and then decreased to 12.35% in 2021.

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What is expenditure on new products development?

Expenditure on New Products Development refers to expenditures that the enterprises spend on new product research and development from internal spending on science and technology activities in the reporting year, including new product research, design, model development, examination, experiment and other expenses.

What is Guangdong expenditure on new products development?