Expenditure on R&D in Shenzhen 2013-2023

Published by C. Textor, Apr 24, 2025

In 2023, about 223.66 billion yuan was spent on R&D in Shenzhen. Shenzhen was one of China's first Special Economic Zones and today, it is still one of the most economically active cities in China. The city is also home of some Chinese high-tech giants including Huawei, Tencent and DJI.

Expenditure on research and development (R&D) in Shenzhen from 2013 to 2023 (in billion yuan)

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Release date

March 2025

Region

Asia, China

Survey time period

2013 to 2023

Supplementary notes

Figures have been rounded.

One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of April 2025).

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