{"id":72041,"date":"2026-05-26T09:48:45","date_gmt":"2026-05-26T09:48:45","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/72041\/"},"modified":"2026-05-26T09:48:45","modified_gmt":"2026-05-26T09:48:45","slug":"tech-strength-to-lift-chinese-firms-overseas-revenues-to-record-high-within-5-years-ubs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/72041\/","title":{"rendered":"Tech strength to lift Chinese firms\u2019 overseas revenues to record high within 5 years: UBS"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Mainland-listed non-financial companies were estimated to derive 25 per cent of their revenue from offshore markets by 2030, which would be up from 18.7 per cent last year and mark the highest level since 2003, according to the Swiss bank.<\/p>\n<p>The latest round of <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3354678\/property-challenges-put-chinese-firms-go-global-plans-risk-jll-says?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">go-global expansion<\/a> was shifting from top-down policy pushes to \u201cbottom-up\u201d profit-driven motivations, as competition in the domestic market remained intense, said Robin Xu, head of China research at UBS Securities.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Expecting R&amp;D spending to continue technological catch-up, Xu projected exports to developing markets \u2013 including those under Belt and Road Initiative \u2013 to rise further.<\/p>\n<p><img decoding=\"async\" alt=\"China\u2019s heavy investment in R&amp;D has boosted its competitiveness against global rivals, according to UBS. Photo: AFP\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/05\/24aac539-7197-4f0a-a7d9-603e4a05d6c1_f60200c9.jpg\" title=\"China\u2019s heavy investment in R&amp;D has boosted its competitiveness against global rivals, according to UBS. Photo: AFP\"\/>China\u2019s heavy investment in R&amp;D has boosted its competitiveness against global rivals, according to UBS. Photo: AFP<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s R&amp;D to gross domestic product ratio reached 2.8 per cent last year, exceeding the average of the Organisation for Economic Cooperation and Development for the first time, according to the National Bureau of Statistics. In 2024, enterprises contributed 77.7 per cent of the total.<\/p>\n","protected":false},"excerpt":{"rendered":"Mainland-listed non-financial companies were estimated to derive 25 per cent of their revenue from offshore markets by 2030,&hellip;\n","protected":false},"author":2,"featured_media":72042,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[234,38255,351,197,193,2918,38254,38252,38251,15498,223,38253],"class_list":["post-72041","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-africa","tag-belt-and-road-initiatives","tag-china","tag-europe","tag-latin-america","tag-morgan-stanley","tag-national-bureau-of-statistics","tag-organisation-for-economic-cooperation-and-development","tag-robin-xu","tag-southeast-asia","tag-ubs","tag-ubs-securities"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116640252518650967","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/72041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=72041"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/72041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/72042"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=72041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=72041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=72041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}