China's R&D spending estimated to reach 2.1 pct of GDP in 2016

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BEIJING, Jan. 10 (Xinhua) — China’s investment in research and development (R&D) is expected to reach 1.54 trillion yuan (around 223 billion U.S. dollars) in 2016, accounting for 2.1 percent of GDP, according to Science and Technology Minister Wan Gang.
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