R&D road leads to universities in UK

Research and development collaborations between Chinese companies and British universities are burgeoning.

In previous decades, many foreign multinational companies were eager to set up R&D facilities in China to tap the huge market and enjoy benefits such as lower costs. Now Chinese companies are setting up their own R&D centers in Europe.

As Chinese companies shift away from producing cheap goods to value-added ones, they are ramping up their spending on R&D and upgrading their technologies and products.