China’s R&D spending has reached 2.1 % of GDP in 2016

Jan 11, 2017

China’s investment in R&D is expected to have reached 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. R&D expenditure increased by 9 percent from...

China develops its own ballpoint pen tips

Jan 10, 2017

China, the world’s biggest manufacturer of ballpoint pens, has finally developed its own pen tips, ending a long-term reliance on imported ones from Japan. Taiyuan Iron & Steel (Group), or TISCO, said it has mastered the production of steel components for...