KPMG: The increasing diversification of financing channels for Chinese enterprises injects a constant stream of vitality into scientific research.

On April 30th, one of the top four international accounting firms, KPMG, stated that currently, Chinese companies are continuously increasing their investment in technology research and development, extending the value-added of their industry chains, and deeply participating in the global market. The increasingly diverse financing channels are injecting a steady stream of vitality into the industry's development. "With the accelerated adjustment of the global industrial chain pattern, Chinese companies are making breakthroughs in core technology research and industrial chain collaborative innovation. From the 'innovation chain' to the 'industrial chain', the transformation of technological achievements is accelerating the development of new quality productivity," KPMG pointed out. Furthermore, KPMG pointed out that the increasingly diverse financing channels are driving deep integration of industry, academia, and research, injecting a steady stream of vitality into the development of industries such as AI, 5G, big data, and biotechnology innovation.