Chinese Economy Watch

China among fastest risers in world's most innovative economies ranking: WIPO​

(Xinhua) 09:44, September 27, 2024
GENEVA, Sept. 26 (Xinhua) -- China moved up one spot to 11th place in the ranking of the world's most innovative economies, making it one of the fastest risers over the past decade, according to the Global Innovation Index (GII) 2024 released by the World Intellectual Property Organization (WIPO) Thursday.

China remains the only middle-income economy in the top 30 while Switzerland, Sweden, the United States, Singapore and the United Kingdom are the world's top-ranked innovative economies, according to the GII.

The 17th edition of the GII, which serves as a critical benchmark for global innovation trends, reveals that despite some countries' rapid climb, the broader innovation landscape faces challenges.

Venture capital funding dropped by about 40 percent in 2023, reversing the boom between 2020 and 2022. Additionally, growth in research and development expenditures has slowed, alongside a decline in international patent filings and scientific publications.

"However, technological progress remained strong in 2023, particularly in health-related fields like genome sequencing, as well as in computing power and electric batteries," said WIPO Director-General Daren Tang.

"Technology adoption also deepened, especially in 5G, robotics, and electric vehicles. This year's GII also reveals positive trends in key indicators, including a decline in global poverty and rises in labor productivity and life expectancy," he added.
 
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rockdog said:
Well, if such claim makes you happy.

View attachment 10557

Tianzhu is just Pronounciation translation. Ancient India is also translation as Tianzhu, Shendu by ancient Chinese, If you only try to understand by Chinese words, the "Shendu" means: poisioned body ...

In fact, they are all translaion by Pronounciation
Click to expand...
You get a gold in mental gymnastics
 
Thread cleaned up.

@srev2004 Please stop posting tourist attractions and infra developments of India in this thread.

This thread is for discussions on Chinese economy only.
 
rockdog said:
this small firm with 200 employees gained around $1 billion within 2 months.


View: https://x.com/pushsquare/status/1839485138167574554?t=wNT4GemtAeKBOX_kKNtR1Q&s=19


View: https://youtu.be/dfAVx9Nyg4Y?si=Sk5wMo6DWYUcIXFu
Click to expand...

The gameplay is nothing complex but in a era of micro transactions and games full of bugs, its a nice breath of fresh air with beautiful design work. Its good to see small studios do well. Lets hope greed doesn't take over the company like it usually happens these days.
 
Folks, this thread has gone haywire. Members are just get back to each other with propaganda from all sides.

Take a break from posting regular propaganda and share data and discussion about Chinese economy.

From now on no big post with articles from here and there. Put your own analysis instead.​
 
This is unexpected news.

Brazilian customers are interested in the c919, but only intentions.

A deal is still a long way off.

aviacionline.com

Total Linhas Aéreas negotiates with COMAC for early delivery of C919 amid global supply shortages

The arrival of a Chinese commercial aircraft in Brazil could happen very quickly if Total Linhas Aéreas orders the C919 from COMAC. As our associated media
aviacionline.com aviacionline.com
 
helin said:
This is unexpected news.

Brazilian customers are interested in the c919, but only intentions.

A deal is still a long way off.

aviacionline.com

Total Linhas Aéreas negotiates with COMAC for early delivery of C919 amid global supply shortages

The arrival of a Chinese commercial aircraft in Brazil could happen very quickly if Total Linhas Aéreas orders the C919 from COMAC. As our associated media
aviacionline.com aviacionline.com
Click to expand...

China has 2nd biggest fleet in the world, with 4000 commericial jets. Which means 200 jets need to repalced each year, so if C919 can make 100 per year, it would take 50% of internal market.
 
On September 27, the China Academy of Information and Communications Technology released the "Global 5G Standard Essential Patent and Standard Proposal Research Report (2024)," which disclosed the ranking of global 5G standard essential patents for 2024.

The China Academy of Information and Communications Technology stated that the proportion of a company's valid global 5G patent families is an important indicator of its competitiveness in the global 5G technology field, reflecting its position and influence in 5G technological innovation, research and development investment, and standard-setting. Huawei ranks first with a share of 12.42% of valid global patent families; Qualcomm is in second place with 9.43%; LG ranks third with 8.25%. The companies ranked fourth to tenth are Samsung, ZTE, Ericsson, Nokia, Xiaomi, OPPO, and Datang.

IT Home noted that among valid global patent families, the proportion of authorized patent families reached 70%. The top ten companies in authorized patent families are Huawei (15.52%), Qualcomm (9.52%), LG (8.30%), Samsung (8.13%), ZTE (7.05%), Ericsson (7.01%), Nokia (6.40%), OPPO (5.21%), Datang (4.48%), and Xiaomi (3.00%). The top ten companies in valid global patent families also lead in the ranking of authorized patent families.

The China Academy of Information and Communications Technology pointed out that due to the inheritability and similarity of mobile communication technologies, companies sometimes declare the same patent as a standard essential patent for different generations such as 2G, 3G, 4G, and 5G. The "5G only" patent family refers to patent families that only include patents declared as essential for the 5G standard, which can generally be considered innovations targeting new technologies introduced in 5G.

From the data, the "5G only" patent families account for 79.6% of all valid global patent families. Among them, Huawei's "5G only" patent family accounts for 13.03%; Qualcomm ranks second with 9.80%; LG is in third place with 8.02%. Other companies in order are Ericsson, Samsung, ZTE, Nokia, Xiaomi, OPPO, and Datang.

-----------------------------------------

Good trend, hope to continue to 6G
 
rockdog said:
China has 2nd biggest fleet in the world, with 4000 commericial jets. Which means 200 jets need to repalced each year, so if C919 can make 100 per year, it would take 50% of internal market.
Click to expand...


It's impossible for Comac to reach that capacity right now,

It's also working on the C929,

I think it might need to build a second plant
 
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