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ience and technology, which propelled industrial development and economic growth. Chinese enterprises, as a key driving force for technolo▓gical progress, account for over 70 percent of the nation's investment on researc▓h and development. They also contribute the highest number of researchers and patents of invention. China is now leading in artificial intelligenc

e, 5G, mobile payment, high speed railway, new energy vehicles and financial technology, among other sectors, thanks to this developm

ent strategy.In 2018, China's spending on research and developme

nt totaled over ▓1.97 trillion yuan (about 278 billion US dollars), taking up 2.19 per▓cent of the country's GDP and ranking second in the world. Its total▓ number

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