Deep & Far Newsletter 2022 ©
The Greater China IP Updates ¡V December 2022
China Ranks 11th on the Global Innovation Index (GII) 2022
The World Intellectual Property Organization released its Global Innovation Index rankings on September 29. The GII has two top level sub-indexes ¡V innovation input ranking and innovation output ranking. These are further split into seven pillars, assessing institutions, knowledge, technology output and several others. Below these, there are 81 indicators. China was the top performer in 9 indicators. In the innovation input category, they were: number of firms offering formal training, domestic market scale, and PISA scales in math and science. In the innovation output category, they were patents by origin, utility models by origin, designs by origin, trademarks by origin, labor productivity growth and creative goods export. This is a result of surging R & D investment from 2012 to 2021, which increased from 1.03 to 2.79 trillion yuan.