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Company expenditure on the development of new products in China from 2014 to 2024 (in billion yuan)

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Source

Release date

September 2025

Region

China

Survey time period

2014 to 2024

Supplementary notes

According to the source, the data only refer to medium and large-sized companies.

One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of November 2025).

Citation formats

Company expenditure on product development in China 2014-2024

Published by Zeynep Dierks, Jan 6, 2026

The graph shows company expenditure on product development in China until 2024. In 2024, companies spent around **** trillion yuan on product development.

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