China’s Global Innovation Index ranks first among middle-income economies

China’s global innovation index ranking rises again

Ranked first among middle-income economies, surpassing developed economies such as Japan, Israel, and Canada

According to the “2021 Global Innovation Index Report” (hereinafter referred to as the “Report”) recently released by the World Intellectual Property Organization (WIPO), China ranks 12th, up 2 places from 2020. This is China’s global innovation index ranking steadily rising for 9 consecutive years since 2013, with a strong upward momentum. The “Report” spoke highly of China’s progress in innovation, and emphasized the importance of government decision-making and incentive measures to promote innovation.

According to the “Report”, Switzerland ranked first for the 11th consecutive year, Sweden, the United States, the United Kingdom, and South Korea ranked 2nd to 5th; China ranked 12th, ranking first among middle-income economies, surpassing Japan and Israel. , Canada and other developed economies.

The “Report” shows that from the perspective of innovation investment, China’s trade, competition and market scale, and knowledge workers are all in the global leading position. Reading, mathematics and science PISA scale scores, domestic market scale, and formal The proportion of training companies, the diversification of domestic industries, the average expenditure of the top three global R&D companies, the average score of the top three QS universities, the development of industrial clusters, the proportion of total capital formation in GDP, the proportion of corporate funding GERD And other subdivision indicators rank high. This shows that China has taken more measures to promote industry-university-research cooperation, develop characteristic industries, and strengthen and optimize the real economy, creating a better environment for enterprise innovation and development.

From the perspective of innovation output, China’s advantages are concentrated in intangible assets, knowledge creation, and knowledge influence. Among them, domestic patent and trademark applications, and the proportion of creative product exports in total trade and other sub-indices have achieved global leadership. In 2021, the broad index of knowledge dissemination has made significant progress. In particular, the subdivision of the proportion of intellectual property revenue in total trade has continued to improve, indicating that China is gradually transforming from a large country of intellectual property introduction to a large country of intellectual property creation.

(Editor in charge: Zhu He)