In the past 22 years, the ranking of China in the global innovation index has risen from 12 last year to 1 1. The top five are Switzerland, the United States, Sweden, Britain and the Netherlands. 20 12 years, China ranked 34th. Over the past decade, China has been steadily improving, ranking first among middle and high income economies.
Detailed data show that as of September 22nd, the number of valid invention patents granted in China was 408 1 000, and the number of valid trademarks registered was 4 1 523,000. From 20 12 to 202 1, the cumulative authorized invention patents and registered trademarks in China National Intellectual Property Administration increased by 13.8% and 25.5% respectively. The steadily rising ranking of global innovation index shows China's strong innovation strength and potential.
China's achievements in the field of innovation
In the past ten years, the government and industries in China have paid special attention to innovation and development, and regarded scientific and technological innovation as the engine of more sustainable growth. In 20021year, the total investment in national research and experimental development increased by 20 12 years 1.7 times, and the proportion of research and experimental development investment in GDP was 2.44%.
By the end of 20021,there were 330,000 high-tech enterprises and 4,762 small giant enterprises in China. "Little Giant" is China's name for some small and medium-sized enterprises. These enterprises focus on strategic industries such as software or artificial intelligence, spend a high proportion of operating funds on research and development, and have the ability to help the country establish a complete domestic supply chain.
The China Municipal Government has also made efforts to optimize the financing mechanism of technology companies. The Science and Technology Innovation Board Stock Exchange opened on 20 19, and the Beijing Stock Exchange opened on 202 1, providing more financing channels for small and medium-sized enterprises focusing on innovation.