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

1,054,368.4 (10,000 yuan) in 2021

In 2021, expenditure on new products development for Guizhou was 1.05 million 10,000 yuan. Between 2012 and 2021, expenditure on new products development of Guizhou grew substantially from 400,698.7 to 1.05 million 10,000 yuan rising at an increasing annual rate that reached a maximum of 29.76% in 2016 and then decreased to 9.78% 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 Guizhou expenditure on new products development?