In 2023, ANTA Sports invested 1.6 billion yuan in research and development (R&D), the most among China's leading domestic sportswear brands. Li-Ning followed with 0.6 billion yuan. All four leading sportswear companies had increased their R&D investment compared to the previous year.
Investment in research and development (R&D) of China's major domestic sportswear brands in 2023
(in billion yuan)
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NetEase. (April 9, 2024). Investment in research and development (R&D) of China's major domestic sportswear brands in 2023 (in billion yuan) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1462510/china-main-domestic-sportswear-brand-randd-investment/
NetEase. "Investment in research and development (R&D) of China's major domestic sportswear brands in 2023 (in billion yuan)." Chart. April 9, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1462510/china-main-domestic-sportswear-brand-randd-investment/
NetEase. (2024). Investment in research and development (R&D) of China's major domestic sportswear brands in 2023 (in billion yuan). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1462510/china-main-domestic-sportswear-brand-randd-investment/
NetEase. "Investment in Research and Development (R&d) of China's Major Domestic Sportswear Brands in 2023 (in Billion Yuan)." Statista, Statista Inc., 9 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1462510/china-main-domestic-sportswear-brand-randd-investment/
NetEase, Investment in research and development (R&D) of China's major domestic sportswear brands in 2023 (in billion yuan) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1462510/china-main-domestic-sportswear-brand-randd-investment/ (last visited November 10, 2024)
Investment in research and development (R&D) of China's major domestic sportswear brands in 2023 (in billion yuan) [Graph], NetEase, April 9, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1462510/china-main-domestic-sportswear-brand-randd-investment/
