In the first half of the year, Shandong machinery industry product research and development cost increased by 20%       

From the Shandong Machinery Industry Association, in the first half of this year, the province's machinery industry key enterprises research and development costs increased by 21.13%, compared with last year's R & D costs increased by 20%, reaching the best level in recent years.

According to the Shandong Provincial Machinery Industry Association, 1-6 months of this year, the focus of enterprise research and development expenses of Shandong province machinery industry accounted for the proportion of main business income was 1.32%, an increase of 21.13%, higher than the level of the same period in recent years. Since this year, Shandong province machinery industry enterprises continue to increase R & D investment, 2, 3, 4, May research and development expenses accounted for the proportion of main business income was 1.11, 1.21, 1.13%%%%, 1.28, by the end of June, an increase of up to 21.13 percent, 8.05 percentage points higher than the main business revenue growth. With the increase in R & D investment, Shandong machinery industry product research and development efforts continue to increase. In the paper, Shantui construction machinery machinery group, Shandong Shandong machinery, Fangyuan group and other enterprises to actively adjust the product structure, improve the technological content of products, the emergence of a large number of leading international, marketable, can replace imported products, Shandong province machinery industry transformation has appeared with the upgrade action.

Facts show that enterprises have sufficient development funds in order to better contribute to the industry. I believe that with the continuous innovation and development of Shandong machinery industry products, Shandong's economy will become better and better, and local enterprises can go abroad, go to the world.