The 2024 list of the top 500 Chinese enterprises reveals that Huawei Investment Holdings Co., Ltd. has reached a research and development investment of 164.7 billion yuan, leading the pack. Alibaba (China) Co., Ltd. and China State Construction Engineering Corporation ranked second and third, with research and development investments of 52.1 billion yuan and 46.1 billion yuan respectively. BYD Company Limited, China Mobile Communications Group Co., Ltd., PetroChina Company Limited, China Railway Engineering Corporation Limited, China Communications Construction Group Co., Ltd., China Ordnance Industry Group Co., Ltd., and China Railway Construction Corporation Limited entered the top ten in terms of research and development investment.
2024中国企业500强研发投入总额突破1.8万亿元，华为研发投入总额一骑绝尘
The total R&D investment of the top 500 Chinese enterprises in 2024 exceeded 1.8 trillion yuan, with Huawei's total R&D investment far ahead.
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