Business News • 1888 Press Release • China R&D globalization market at USD 7.65 Billion growing at a fast clip, likely to overtake India soon if current-trends continue: Zinnov-Study

China R&D globalization market at USD 7.65 Billion growing at a fast clip, likely to overtake India soon if current-trends continue: Zinnov-Study

China R&D globalization market at USD 7.65 Billion growing at a fast clip, likely to overtake India soon if current-trends continue: Zinnov-Study

China has evolved as a premier destination for R&D offshoring in the last few decades and its industry is currently undergoing a paradigm shift like maturity and expansion of work portfolio, transformation and innovation in R&D, rising MNC competition with domestic Chinese firms, etc.

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