BEIJING, July 8 (Xinhua) -- Centrally administered state-owned enterprises
(SOEs) invested almost 100 billion yuan (14.49 billion U.S. dollars) in research
and development in 2007, up 40.8 percent from the previous year, the state
assets regulator said here on Tuesday.
The State-owned Assets Supervision and Administration Commission said about
150 such SOEs allocated 98.7 billion yuan toR&D, comprising 26.9 percent of
national R&D investment.
As of the end of 2007, these SOEs employed 1.02 million people in the
science and technology fields and 465,000 people in R&D, up8.8 percent and
4.7 percent, respectively, over 2006.