Fortune 500 companies set up 60 R&D centers in Jiangsu

11:24, February 17, 2011      

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By the end of 2010, Jiangsu Province had confirmed that the number of foreign research institutions in the province has reached 305 companies, 60 of which were established by Fortune 500 corporations, according to the latest data released by the Department of Science and Technology of Jiangsu Province.

It is reported that the foreign research and development institutions were relatively concentrated in the fields of electronic information, equipment manufacturing and new materials, which accounted for a total of more than 80 percent.

By Zhang Qian, People's Daily Online
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