, Singapore
242 views
/CBRE

Chart of the Day: SG vs HK on R&D spending

Singapore spends 1.9% of its GDP on research and development.

The Lion City spends almost 2% on research and development in 2020 compared to Hong Kong, which leverages China’s fast technological growth, a CBRE report showed.

This graph from CBRE revealed that Singapore’s R&D expenditure comes from 1.9% of its GDP in 2020 whilst Hong Kong invested 1% of its GDP for R&D.

In the coming years, CBRE said it expects closer collaboration between Hong Kong and the mainland for R&D efforts.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!