We also support continued research and development of biofuels.

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Gates also pushed innovation during a question and answer session Thursday, and continued to press his case for increased government spending on energy research and development.

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Continued discipline by companies in keeping costs under control, particularly research and development expenses, is helping the bottom line.

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Future legislation is likely to force foreign firms to do more research and development in conjunction with Chinese partners, to ensure continued access to cutting-edge engineering skills.

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