Traditional: 研發
研发 (yán fā) means “research and development; to develop”. It is an HSK 6 Chinese word (traditional 研發) in the HSK 3.0 vocabulary.
公司投入大量资金研发新产品。
Gōngsī tóurù dàliàng zījīn yánfā xīn chǎnpǐn.
The company invested heavily in developing new products.
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