On September 2, Beijing time, the World Intellectual Property Organization (WIPO) released the global innovation index (GII) for 2020. China ranked 14th, the same as last year, with some indicators firmly in the leading position in the world.
According to the newly released index, the top 10 are Switzerland, Sweden, the United States, the United Kingdom, the Netherlands, Denmark, Finland, Singapore, Germany and South Korea. China ranks 14th and remains the only middle-income economy in the top 30.

In terms of the two core indicators of innovation input and output, China's performance this year is as good as last year. With the innovation input ranking 26th, China has created the innovation output ranking 6th, and its innovation achievements can be compared with those of high-income economies such as the Netherlands, the United Kingdom and the United States.

GII shows that with China and other Asian economies making significant progress in innovation ranking year by year, the core area of innovation is gradually moving eastward. "As China, India and Vietnam have shown, the relentless pursuit of innovation will pay off over time." "GII has been used by governments in these countries and other countries around the world to improve their innovation performance," said sumitra Dutta, former president and professor of management at Cornell University

In terms of patents, trademarks, industrial designs and other intellectual property indicators, China continues to maintain a leading position in the world, and ranks among the top three in terms of productivity growth, exports of creative products and other indicators. At the same time, China's ranking in R & D investment and market maturity has increased. In terms of global brand value indicators, China ranked 17th, exceeding expectations. Among the world's 5000 leading brands, 408 are from China, with a total value of US $16 trillion, and nine of them rank among the top 25 in the world.

It is worth noting that China's innovation quality among middle-income economies has been the first for eight consecutive years. In terms of the quality of colleges and universities, China ranks third, with Tsinghua University, Peking University and Fudan University among the top 50 universities in the world. In terms of innovation internationalization, China has also handed in an excellent answer: patents of the same family account for 10% of China's innovation quality score, which is far higher than the average level of 4% in middle-income economies. Among the world's top technology clusters, 17 are located in China. China is expected to continue to lead emerging markets and developing economies to bridge the world innovation gap.

At present, novel coronavirus pneumonia is still very severe in the world, resulting in stagnation of the global economy and further impact on innovation input. According to the report, all parties should take actions to promote innovation in the process of anti epidemic to recovery. WIPO director general Francis Gauri novel coronavirus pneumonia epidemic spread rapidly in the world, requiring the global to face challenges with innovative thinking and win common victory. The government needs to focus on the future and launch a package of assistance programs to support individuals, research institutions, enterprises and others to provide new ideas for innovation and cooperation in the post epidemic era, so as to cope with the adverse impact of the epidemic on society and economy.

According to the analysis of people in the industry, China ranked 14th in GII for two consecutive years, showing the important achievements of China in supporting high-quality development with innovation, fully reflecting China's continuous improvement of the intellectual property system in recent years, strengthening the creation, protection and application of intellectual property rights, creating a good business environment and innovation environment, continuously stimulating innovation input and output, and promoting high-quality economic development The outstanding results achieved will help boost the international community's confidence in China.

It is reported that GII, jointly released by WIPO, Cornell University and European School of business administration, aims to help global policy makers better formulate policies and promote innovation through quantitative indicators.