According to the Ministry of Commerce of the People's Republic of China, the Philippines' MolyMarketing and Industrial Corp. will import a large number of experimental instruments from China including hydrogen ion concentration analyzers, spectrophotometers, balances, and laboratory microscopes.
According to estimates, about 50% to 70% of all research and development funds will be used to purchase experimental instruments and equipment. Therefore, the size of the market for analytical instruments depends on the total scale of research funding. From this perspective, the current practice of many software companies is to set up R&D and telephone services in China, India, the Philippines, and Malaysia. With the rapid development of China's economy coupled with China's foreign policy, many foreign companies value the market of Chinese experimental instruments. This will indicate that Chinese experimental instruments will enter foreign markets on a large scale.
According to estimates, about 50% to 70% of all research and development funds will be used to purchase experimental instruments and equipment. Therefore, the size of the market for analytical instruments depends on the total scale of research funding. From this perspective, the current practice of many software companies is to set up R&D and telephone services in China, India, the Philippines, and Malaysia. With the rapid development of China's economy coupled with China's foreign policy, many foreign companies value the market of Chinese experimental instruments. This will indicate that Chinese experimental instruments will enter foreign markets on a large scale.
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