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China spends big on IPR royalties, values innovation more

Sci-Tech

China has been lavishing money on intellectual property right (IPR) royalties with a 20-year streak of double-digit growth amid efforts to close a longstanding gap in technology and innovation.

XinhuaUpdated: April 12, 2019

China's homegrown large passenger plane C919 takes off on its maiden flight in Shanghai, east China, May 5, 2017. [Photo/Xinhua]

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