SGS, an international inspection, verification, testing and certification company, has made over 100 million yuan (US$16 million) by sharing its research and development, testing and other facilities with other companies in the past two years in China.

Including this company, a total of 35 research and development institutions of foreign investment companies based in Shanghai have joined Shanghai R&D Public Service Platform, an R&D facility sharing platform, the government said on Monday.

The companies now have 149 facilities worth over 200 million yuan in total at their disposal, serving companies in the fields of electronics, material science, new energy and biomedicine, among others.