Global Innovation Index 2019: China’s Ranking Sets a Record High

The World Intellectual Property Organization (WIPO) released the Global Innovation Index (GII) 2019 in New Delhi, India. China has maintained its upward momentum for the fourth year in a row, and improved its ranking by three places to 14th in 2019, strengthening its position as a leading innovative country.

According to the newly released GII, the top 10 are Switzerland, Sweden, the United States, the Netherlands, the United Kingdom, Finland, Denmark, Singapore, Germany and Israel. China ranks 14th, moving up three spots from 17th last year. It is the only middle-income economy in the top 30, and demonstrates obvious innovation strength in many fields, ranking among leading countries in terms of patents by origin, industrial designs by origin, trademarks by origin, high-tech net export, and creative products export.

In a recent interview in Geneva, WIPO Director General Francis Gurry said that China had always been integrating innovation into its economic development strategy and direction for many years, and had established "a first-class basic system for intellectual property" in the past four decades. Gurry said that in recent years, China improved rapidly in terms of innovation index ranking and performed very well. The reason lied in that the country attached great importance to and emphasized innovation-driven economic development and transformation, the transformation from factories to laboratories and the development of more knowledge-intensive advanced industries, and achieved remarkable results.

It is known that GII has been jointly released by WIPO, Cornell University of the United States and INSEAD every year since 2007, and aims at showing changes in innovation capabilities of various countries through quantitative indicators.

September 15, 2019

Source: CNIPA

Photo from: 699pic.com