China becomes only mid
PROGRESS ON CLEAN ENERGY
NEW YORK, July 10 (Xinhua) -- China has been the only mid-income economy on the list of the world's 20 most innovative economies, said the Global Innovation Index (GII) 2018 released here Tuesday
However, the demands require the opposite. Projections indicate that by 2040 the world will require up to 100 percent more energy than it needs today and conventional approaches to expanding the energy supply are unsustainable in the face of climate change.
The WIPO chief also noticed China's shift from a quantitative to a quality pursuit in its intellectual property applications.
The GII 2018 shows a waning growth rate in environmentally friendly energy-related patenting, with green patent publishing rates peaking in 2012.
In the meantime, "a consciousness on the part of the leadership and increasing take-up on the part of the institutions of finding new ways to address the problem" are seen by the world, Gurry noted, giving examples of application of electric cars and public transportation systems in China.
China climbed to 17th on the GII rankings from 22nd last year, showing a steady upward trend over the years, showed the GII 2018.
The GII ranks 126 economies based on 100 indicators, ranging from intellectual property filing rates to mobile-application creation, education spending and scientific and technical publications.
While Switzerland continued to dominate for a 8th year, the document showed, the United States slid from 4th in 2017 to 6th, though in absolute terms, the country remained the top contributor in key innovation inputs and outputs.
The annual ranking also showed China has the second largest number of Science and Technology Clusters and is making rapid progress on clean energy technologies.
by Xu Xiaolei
In addition, the United States came second after China in the volume of researchers, patents and scientific and technical publications, noted Bruno Lanvin of INSEAD, a leading business school that co-published the GII.
File photo shows a logo of China's e-commerce giant Alibaba. (Xinhua)
Also, Gurry acknowledged a degrading increase in investment in clean energies and a peak around 2014 of patent applications in renewable energies and environmentally sustainable technologies.
Recognizing that the country is undertaking "a huge effort of transformation," the WIPO director general expects China to improve on ecological sustainability and to lead the way in clean energy technologies in the future.
Explaining the leap, he said China's economy is transforming from a labor intensive one towards one with high value addition, with innovation being a central element in this structural transformation driven by a top-down strategy.
"The case of China fits into a trend. We've seen for several years now of China rising in the rankings," said Francis Gurry, Director General of the World Intellectual Property Organization (WIPO), at the launch of the document.
The index is co-published by WIPO, Cornell University and INSEAD.
He noted China is the only economy from the mid-income group to be ranked in the top 20.
China is making encouraging progress in clean energy technologies. According to WIPO records, China has become a major producer of intellectual property applications in this regard.
As a reflection of the change, a recent research of global leading brands showed Chinese brands are rising in value and becoming more household names throughout the world.
This year, also among the top 10 innovative economies are the Netherlands, Sweden, Britain, Singapore, Finland, Denmark, Germany and Ireland.
Commenting on the inclusion of this survey into the GII, Gurry said the S&T hotspots are "a measure of the strength of the innovation of a particular country," adding that their existence is a great encouragement for cross-fertilization among enterprises and research institutions.
MOMENTUM ON S&T CLUSTERS
FROM 22nd TO 17th
To meet that level, "we need innovation in energy production, in particular clean energy, storage, transmission and consumption habits," Gurry said. "We need to do so as environmentally friendly as possible."
In 2017, the GII began to include a special section that reveals findings on Science and Technology Clusters in countries and regions.
Again, Tokyo-Yokohama of Japan tops the overall innovation cluster ranking, followed by Shenzhen-Hong Kong of China, a repeat of last year.
This year's survey found China ranked second in the number of such hotspots (16) after the United States (26), followed by Germany (8), Britain (4) and Canada (4).
Besides China, there are clusters from five mid-income countries of Brazil, India, Iran, Russia and Turkey in the top 100.