# R&D
Latest news and articles about R&D
Total: 6 articles found
China’s Exchanges Loosen Re‑financing Rules to Back Tech R&D — with New Guardrails
China’s three main stock exchanges have eased refinancing rules to help R&D‑intensive and unprofitable science‑and‑technology firms raise capital more quickly, extended a ‘light‑asset, high‑R&D’ standard to main boards, and streamlined procedures while tightening oversight to prevent misuse. The package is calibrated to sustain long‑term innovation funding while guarding against speculative or control‑seeking abuses.
China’s Exchanges Ease Refinancing Rules to Channel Capital Toward Top and Tech Firms — With Tight Guardrails
China’s Shanghai, Shenzhen and Beijing stock exchanges unveiled a package of measures to speed and tailor refinancing for higher-quality and tech-focused listed companies while tightening disclosure and post-issuance supervision. The changes include preferential reviews for market-recognised firms, explicit accommodation for firms whose shares trade below IPO levels to raise funds, and new numerical tests for ‘light-asset, high-R&D’ companies.
Shenzhen on the Cusp of a 4-Trillion Yuan Club — Can Its Model Rescue Guangdong’s Slower Growth?
Shenzhen posted 2025 GDP of 3.873 trillion yuan, growing 5.5% and nearing the 4-trillion threshold, powered by advanced manufacturing, exports and world-leading R&D intensity. Guangdong province, by contrast, grew 3.9%, weighed down by sluggish industrial recovery and a sharp fall in fixed-asset investment, exposing the province’s reliance on Shenzhen and Guangzhou as growth engines.
Appliance Champion Robam Bets on Robot Chefs as Core Business Stalls
Robam has proposed a RMB100 million investment in YouTe Zhichu, a commercial smart‑cooking robot company, aiming to pivot away from slowing range‑hood and gas‑stove sales. The move targets institutional kitchens and leverages YouTe's patent portfolio, but success hinges on sustained R&D, integration challenges and wider macro headwinds in China's appliance market.
Beijing Joins Shanghai as China’s Second City to Top Rmb5 Trillion — A New Service‑Led Model Emerges
Beijing’s 2025 GDP reached Rmb5.21 trillion (about USD740 billion), making it the second Chinese city after Shanghai to cross the Rmb5 trillion threshold. The milestone reflects a service‑and‑innovation‑led growth model achieved under a policy of “reduced‑scale development,” positioning Beijing as a global economic actor comparable to many medium‑sized countries while presenting new strategic tradeoffs in openness, livability and high‑level transformation.
Beijing Joins Shanghai in the 5‑Trillion Club as China’s Urban Hierarchy Tightens
Beijing’s 2025 GDP surpassed RMB 5.2 trillion, making it the second Chinese city after Shanghai to cross the RMB 5 trillion mark. The outcome highlights the concentration of economic power in top-tier cities and Beijing’s hybrid model of leading services, deep R&D and a resilient industrial base as the blueprint for future urban competitiveness.