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Global Innovation Index Report 222: China ranked 11th, one place higher than last year.

The World Intellectual Property Organization (WIPO) released the Global Innovation Index Report 222 on September 29th local time. The results show that China ranks 11th, one place higher than last year, and has been steadily improving for ten consecutive years, ranking first among 36 middle-and high-income economies.

from the aspects of innovation input and innovation output, the report sets 81 sub-indicators in seven categories, including policy environment, human capital and research, infrastructure, market maturity, business maturity, knowledge and technology output, and creative output, and comprehensively evaluates and ranks the innovation ecosystem performance of 132 economies around the world.

China ranks first in the world in nine sub-indicators in the report. In terms of innovation investment, the domestic market size, the proportion of companies providing formal training, reading, mathematics and science PISA (programme for international student assessment) scale ranked first, domestic industrial diversification and industrial cluster development ranked second, and the average expenditure of the top three global R&D companies, the average score of the top three universities, the proportion of total GDP of capital formation and the proportion of GERD (total R&D expenditure) of enterprises ranked third. In terms of innovation output, domestic patent applications, domestic utility model applications, domestic industrial design applications, domestic trademark applications, labor output growth, and the proportion of creative products exports in total trade ranked first.

in terms of high-quality development indicators of intellectual property rights, in 221, the total brand value of China reached US$ 1.9 trillion, up 7% year-on-year, ranking 18th in the world. Among them, Industrial and Commercial Bank of China ranked first in the global banking industry and Huawei ranked second in the global technology industry. The scale of venture capital reached US$ 94 billion, up 84% year-on-year, ranking 16th in the world. In 22, the export value of high-tech products reached 757.7 billion US dollars, up 6% year-on-year, ranking fourth in the world; High-tech manufacturing accounted for 48.1% of the manufacturing industry, an increase of 1 percentage point over 218, ranking 14 th in the world; Intellectual property revenue reached 8.9 billion US dollars, a year-on-year increase of 34%.

China has two seats in the top five science and technology clusters in the world. According to the report, Tokyo-Yokohama is still the largest technology cluster in the world, with Shenzhen-Hong Kong-Guangzhou, Beijing, Seoul and San Jose-San Francisco ranking second to fifth.