By hannover-web.com During a routine press conference on October 15, Chinese Foreign Ministry spokesperson Mao Ning addressed questions from journalists.
When asked about the recent release of the World Intellectual Property Organization’s “2024 Global Innovation Index Report,” which noted that China has improved its global innovation ranking by one position to 11th and is the only middle-income economy among the top 30, Mao offered insightful remarks.
Mao highlighted that since its initiation in 2007, the Global Innovation Index has shown a consistent upward trend for China. This year, the report indicates that China is one of the fastest-growing economies in terms of innovation over the past decade and boasts the highest number of top technology innovation clusters. She emphasized that this reflects a robust momentum for innovative development and promising prospects.
Mao attributed this enhancement in China’s innovation capability to increased investment in research and development, as well as a commitment to open and inclusive international cooperation. According to statistics, China invested over 3.3 trillion yuan in R&D last year, marking an 8.4% increase from the previous year. Furthermore, China has established scientific cooperation relations with more than 160 countries and regions, signing 118 intergovernmental agreements for technological collaboration. The favorable innovation environment and abundant talent resources in China have also attracted a growing number of multinational companies to set up R&D centers in the country.
She concluded by stating that China’s technological innovation benefits not only the nation but also the global community. As the world faces a new wave of technological revolution, China is committed to maintaining open and inclusive technological cooperation and sharing the fruits of innovation with other countries to collectively address global challenges.
