Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, April 10
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Success of China’s innovation clusters attributed to continuous investment
    Property

    Success of China’s innovation clusters attributed to continuous investment

    September 4, 20252 Mins Read


    China”s prominent position in the global innovation clusters rankings is down to its continuous investment in the field, as well as its increasingly optimized intellectual property protection environment, an official has said.

    Du Yu, spokesman for the China Intellectual Property Administration, outlined the reasons for the country’s high ranking in innovation at a news conference on Friday.

    His remarks came after the Shenzhen-Hong Kong-Guangzhou innovation cluster in the Guangdong-Hong Kong-Macao Greater Bay Area ranked top of the world’s 100 leading innovation clusters in the 2025 Global Innovation Index, which was released by the World Intellectual Property Organization on Monday. It was the first time the cluster has surpassed Japan’s Tokyo-Yokohama cluster on the list.

    For the third year running, China, with 24, had the highest number of clusters on the list followed by the United States and Germany. Three Chinese innovation clusters are in the top 10.

    Speaking on Friday, Du revealed that China’s total expenditure on research and development in 2024 exceeded 3.6 trillion yuan ($505 billion), an increase of 8.3 percent compared to the previous year.

    “The country has also stepped up efforts to protect IP rights by rule of law, aiming to give stronger IP supports for innovators through an optimized legal framework,” he said.

    As of June, around 524,000 companies in China had attained valid invention patents, with the total number of valid invention patents held reaching 3.73 million, he added.

    Innovation clusters have played a lead role in promoting the integration of innovation and industry in China, driving the development of new quality productive forces, and providing a strong engine for high-quality regional economic and social development, Du said, emphasizing that “they form an important pillar of the national innovation ecosystem”.

    “Taking the Greater Bay Area, where the Shenzhen-Hong Kong-Guangzhou cluster is located, as an example, in 2024, the three regions had 113,000 invention patents granted, accounting for 12.1 percent of the national total,” he said.

    “Such a vibrant innovation ecosystem has also attracted a large number of high-tech companies and highly skilled talents, providing a continuous source of momentum and vitality for regional innovation and development.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBeijing intellectual property conference to focus on digital development
    Next Article Bitcoin Holds $111,000 as Altcoins Slip

    Related Posts

    Property

    Property investors prioritise sustainability amid 2026 market shifts

    April 10, 2026
    Property

    Property Ombudsman expels six companies

    April 9, 2026
    Property

    UK property sales fall 6.2% year-on-year despite listings growth

    April 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    AI investment boom will take time to boost productivity By Investing.com

    February 5, 2026
    Property

    Some bills will double, others will go down. Find out what you’ll pay – The Irish Times

    October 27, 2025
    Bitcoin

    Simon Gerovich Confirmed As A Bitcoin 2026 Speaker

    March 26, 2026
    What's Hot

    Dow Jones & Nasdaq 100 Weaken in Asia as Traders Brace for US Data

    November 18, 2025

    Asian Paints Share Price Highlights: Asian Paints Stock Price History

    October 3, 2025

    Meghna Group to sell Ramadan commodities in Dhaka

    February 24, 2025
    Most Popular

    New maps reveal post-flood migration patterns across the US

    October 16, 2025

    L’eurodéputé RN Fabrice Leggeri dénonce le projet d’un «Coran européen» financé par l’UE

    April 15, 2025

    Millions denied car finance compensation payouts after Supreme Court ruling

    August 1, 2025
    Editor's Picks

    ‘UK-first’ citywide property inclusion charter marks milestone

    January 26, 2026

    Bitcoin Price Set To Skyrocket To $750,000, Says Expert

    July 18, 2024

    Challenges ahead for tenants as UK rents reach record highs

    September 4, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.