The European Commission recently released the Global Industries R & D Investment Scoreboard. In 2016, the R & D investment by Chinese enterprises was the strongest, up 18.8% from the previous year while the U.S. and EU enterprises increased by 7.2% and 7% respectively. However, the R & D investment by Japanese companies reduced by 3%. This scoreboard selected the top 2,500 companies in R & D investment from the world in 2016. Among them, the German Volkswagen topped the list for the fourth consecutive year with its 13.7 billion euros in R & D investment. The second and the third were Alphabet and Microsoft of the United States. China's Huawei ranked the sixth. The 2,500 companies come from 43 countries and regions and their total R & D investment in 2016 increased by 5.8% over the previous year to 741.6 billion euros, accounting for about 90% of the total R & D investment of all enterprises in the world. Generally speaking, the increase in global R & D investment is mainly driven by the field of information and communication technologies. Among the 2,500 enterprises selected in the list, 376 are Chinese enterprises, with total R & D investment accounting for 8% of the total R & D investment in the list and those in the EU and the United States accounting for 26% and 39% respectively.