Foreign-funded research and development (R&D) centers have become a key part of China's innovation system, with many multinational companies upgrading their operations in the country from manufacturing bases to innovation hubs, the Ministry of Commerce said on Thursday.

Foreign-funded research and development (R&D) centers have become a key part of China's innovation system, with many multinational companies upgrading their operations in the country from manufacturing bases to innovation hubs, the Ministry of Commerce said on Thursday.

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