Taiwan ranked 9th globally for R&D spending in 2015

Taipei, July 19 (CNA) Taiwan's spending on research and development (R&D), adjusted for purchasing power parity (PPP), totaled US$33.7 billion in 2015, the ninth highest among 42 countries and economies worldwide, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said Wednesday.

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