China outperforms economic peers in latest global innovation index

[AndrewJin]

View attachment 258744

 

[CHN Bamboo]

View attachment 258791

I'm immune to it.
U have used too much

 

[AndrewJin]

I'm immune to it.
U have used too much

 

[TaiShang]

CCTV

Nearly 2,500 companies have registered in Xiamen city since it established a pilot Free Trade Zone (FTZ) in April, that’s 2000 more than the previous year.

Xiamen city in Fujian Province relies on trade with Taiwan, and the establishment of an FTZ there has strong implications for cross-Strait business. Its success will determine whether other FTZs will be established in the province.

With registration and customs services streamlined, and administration cut down from hours to minutes, officials appear to be largely positive.

 

[Jlaw]

China outperforms economic peers in latest global innovation index|Science-Tech|chinadaily.com.cn

China outperformed its economic peers in the Global Innovation Index 2015 released on Thursday, demonstrating strength in some variables of the index including education, general infrastructure and knowledge impact.

The GII, jointly published by Cornell University, the French business school INSEAD and the World Intellectual Property Organization, ranked China 29th in the world, which makes it first in the upper-middle income group and 7th in the South East Asia and the Pacific geography group.

Globally, Switzerland topped the league table, followed by the UK and Sweden in second and third places. The index, which is in its 8th year running, covers 141 countries.

China has scored high in several key indicator areas that contribute towards the index. Its knowledge impact ranks 1st in the world, education ranks 2nd in the world, both of its general infrastructure as well as knowledge and technology outputs rank 3rd in the world, and knowledge creation is 6th.

Knowledge impact is mainly measured by factors such as the percentage growth rate of purchasing power parity GDP per worker and the percentage of high tech exports, less re-exports.

But in some areas China ranks relatively low, and one example is its tertiary education which ranks 121st in the world. China's microfinance gross loans as a percentage of GDP is 86th in the world, and its percentage of printing and publishing output manufactures is 21st.

China also achieved 29th place in the 2014 index, and in 2013 and 2012 its ranking was 35th and 34th respectively.

China's level of innovation performance is now very close to the high income leaders in the top 25 countries of the GII, said Sacha Wunsch-Vincent, WIPO Senior Economist, and Editor of the Global Innovation Index.

"The performance of China over the last decade on matters such as innovation inputs and outputs has been exceptional. One important foundation for innovation policy in any country is to be perseverant. R&D and innovation capacity is not ramped up overnight. Clearly, China and its long-term innovation strategy has been above-par."

Wunsch-Vincent said that although China's ranking globally has not changed between 2014 and 2015, it has improved significantly in terms of some key variables including research and development investment, its education sector driven innovation, scientific publications, number of patents and its business sector innovation.

He said another important factor is that China has significantly ramped up its use of the intellectual property system in recent years, recognizing that IP protection is an important part of encouraging innovation in an economy.

What is switzerland known for beside the Alps and swiss watch?

china is the only country on the top 30 who is not a high income country. but i still think this ranking is a bull shit, which dumps many totally innovation-unrelated parameters into the evaluation process. that's why u see russian ranks lower than thailand, japan lower than hongkong, and malta and cypruss are very top on innovation, what the hell do they innovate, anybody know?

True. It's a BS list for the most part imo.

 

[AndrewJin]

What is switzerland known for beside the Alps and swiss watch?

Top drugmakers.

 

[Jlaw]

Top drugmakers.

Well, does Switzerland make airplanes, supercomputers, HSR, etc? I think the list is a bit suspect when you rank HK higher than Russia and wtf?? Canada ahead of Japan and so many other more capable countries

Iceland is ahead of Japan??? Now the list is definitely bs my friend.

 

[AndrewJin]

Well, does Switzerland make airplanes, supercomputers, HSR, etc? I think the list is a bit suspect when you rank HK higher than Russia and wtf?? Canada ahead of Japan and so many other more capable countries

Iceland is ahead of Japan??? Now the list is definitely bs my friend.

It's more of a per capita ranking.
And u can study the indicators then u will know why.
It's not just about the outcome of innovation but prerequisites of innovation.

w

 

[Jlaw]

It's more of a per capita ranking.
And u can study the indicators then u will know why.
It's not just about the outcome of innovation but prerequisites of innovation.
View attachment 259234 w

I understand. I been to Iceland and other Euro countries. I can tell you Iceland is nowhere as innovative as Japan regardless how the list is calculated. It's a BS report just like the automotive J.D Powers reward for "initial quality"

 

[hexagonsnow]

Oh...If so,that's very good!!
I hope China become a developed country soon.

Long march for us,but at least any way,hopefully!

I am sure about China but not so much about India,our ranking will improve but not a a good rate



Exactly my thoughts no way in hell we can be below Romania & other countries like that

Be hopeful ,man.Indian can do it ,too.But of course,still a lot of work need to be done.

 

[Echo_419]

Long march for us,but at least any way,hopefully!


Be hopeful ,man.Indian can do it ,too.But of course,still a lot of work need to be done.

Oh I am hopefull,otherwise I would left the country for greener pastures elsewhere

 

[Nilgiri]

Surprised to see Iran ranked so low, below Mali, Rwanda and Burkina Faso WTF?

Saudi Arabia ranked over Turkey and Brazil and Russia...mmm k.

Data Analysis | The Global Innovation Index

 

[FairAndUnbiased]

Surprised to see Iran ranked so low, below Mali, Rwanda and Burkina Faso WTF?

Saudi Arabia ranked over Turkey and Brazil and Russia...mmm k.

Data Analysis | The Global Innovation Index

The reason BRIC is ranked low is because we don't have the super important prerequisites for innovation:

uploading useless Youtube videos.
making Wikipedia edits.
taking GMAT exams.

Instead we do brainless work like science and engineering.

In actuality, this is more of a poll of: how close is your country to a Silicon Valley late 20's programmer male?

 

[Nilgiri]

The reason BRIC is ranked low is because we don't have the super important prerequisites for innovation:

uploading useless Youtube videos.
making Wikipedia edits.
taking GMAT exams.

Instead we do brainless work like science and engineering.

In actuality, this is more of a poll of: how close is your country to a Silicon Valley late 20's programmer male?

Yah some of these numbers and rankings seem way off. I would not give this study much prominence.