Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, May 1
    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 of the month – Chancelot Terrace

    May 1, 2026
    Property

    UK house prices jump despite impact of Middle East conflict | Housing market

    May 1, 2026
    Property

    ‘Green shoots’ appear in China property as banks turn bullish after 5-year bear market

    April 30, 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
    Finance

    5 conseils pour une adoption efficace de l’IA

    June 18, 2025
    Property

    Renters’ Rights Act brings big changes to UK property market

    April 4, 2026
    Bitcoin

    What’s Next For BTC Price After Fed Chair’s Speech?

    December 2, 2025
    What's Hot

    Stock Market Today, Feb. 17: Apple Rebounds as AI Strategy Heads Into High-Profile March Event

    February 17, 2026

    Bitcoin spirals toward $60,000, headed for worst drawdown since FTX crash

    February 5, 2026

    Stocks Week Ahead: Markets Await Fed Clarity as Liquidity Pressures Build

    August 18, 2025
    Most Popular

    Voici comment prendre sa retraite avec Bitcoin d’ici 2030: analyste

    June 24, 2025

    Meta Platforms target holds amid AI spending forecast By Investing.com

    October 16, 2024

    Guernsey Finance appoints Barnaby Molloy as CEO

    December 9, 2025
    Editor's Picks

    FBI Arrests Suspect in SEC Twitter Hack That Pumped Bitcoin

    October 17, 2024

    Is now a good time to buy your first property?

    January 21, 2026

    Brazil, Venezuela, and Peru React to New U.S. Tariff Regime

    October 29, 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.