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China has been ramping up efforts to facilitate the reform on streamlining the approval process of trademark applications and improve the quality and efficiency of intellectual property review procedures.
China has become the world's second largest investor in R&D, with 1.57 trillion yuan (nearly 240 billion U.S. dollars) poured in the area last year, accounting for more than 20 percent of the world's total. Its R&D-to-GDP ratio was 2.11 percent, generally at the same level with that of European countries.
China has long been a second home for Honeywell and the company raked in revenue of .9 billion in 2017, a year-on-year growth of 25 percent, said Shane Tedjarati, president for Honeywell's Global High Growth Regions, which includes China.
China attracted an estimated billion in inflows, a year-on-year increase of 6 percent, in sharp contrast to the global 41-percent FDI slump.
China has expanded the download speed of its fixed and mobile broadband sixfold compared with five years ago, while the charges for broadband connections and mobile internet were down by 90 percent, according to the Ministry of Industry and Information Technology.
来源：资阳报