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EU companies top US and China counterparts in R&D investment growth, breaking decade-long trend

3 months 2 weeks ago
European Commission Press release Brussels, 18 Dec 2024 Europe's industry has increased its investment in research and development (R&D) by 9.8% in 2023, surpassing the growth of corporate R&D investment in the US (+5.9%) and China (+9.6%) for the first time since 2013, according to the new edition of the EU Industrial R&D Investment Scoreboard.

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