Singapore's "Lianhe Zaobao" website reported that recently, the All-China Federation of Industry and Commerce released the list of "500 private enterprises to invest in research and development in 2021". In the rankings, Huawei ranked first, while Alibaba and Tencent ranked second and third respectively.
New media quoted China News Agency as saying that the entry threshold for this list is 237 million yuan invested in research and development in the previous year. The total R&D expenditure of 500 enterprises is 742.9 billion yuan, of which the R&D expenditure of the enterprise with the highest investment is 141.9 billion yuan.
The total R&D expenditure of the top 1,000 private enterprises invested in R&D was 818.5 billion yuan, an increase of 16.2% year-on-year, accounting for 33.6% of the R&D expenditure of all Chinese enterprises. The average R&D intensity was 2.57%, an increase of 0.1 percentage points year-on-year.

From the perspective of industrial distribution, the top 5 industries in terms of R&D investment are: computer, communication and other electronic equipment manufacturing, with a total R&D expenditure of 219.2 billion yuan and a R&D intensity of 7.26%. Internet and related service industries, the total R & D expenditure of 166.8 billion yuan, R & D intensity of 7.01%. Electrical machinery and equipment manufacturing industry, the total R & D expenditure of 62.6 billion yuan, R & D intensity of 2.66%. Ferrous metal smelting and rolling processing industry, the total R & D expenditure of 55.7 billion yuan, R & D intensity of 1.41%. In the automobile manufacturing industry, the total R&D expenditure is 49.2 billion yuan, and the R&D intensity is 4.18%.
From the perspective of regional distribution, among the top 1,000 private enterprises invested in R&D, 708 enterprises in the eastern region have a total R&D expenditure of 726.5 billion yuan, with an average R&D intensity of 2.73%. There are 190 enterprises in the central region, with a total R&D expenditure of 61.8 billion yuan, and an average R&D intensity of 2.13%. There are 102 enterprises in the western region, with a total R&D expenditure of 30.3 billion yuan and an average R&D intensity of 1.32%.
Source: Reference News Network