More and more US companies have active research and development (R&D) operations in China, and many have seen these operations evolve from small groups primarily focused on product localization to globally significant operations conducting cutting-edge R&D for the China market. In a 2013 KPMG report, for example, an estimate was given for over 1,300 R&D multinational-operated R&D centers in China, a number that has likely risen since then. As the number of R&D centers...
China Market Intelligence
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