China's Valid Invention Patent Inventory Top 3 in the World in 2017
2018/01/19
On January 9, National Science and Technology Work conference was held in Beijing. The Minister of Science and technology, Wan Gang pointed out in the work report, China's innovation ability of science and technology has significantly increased in the past five years, of which the main innovation indicator tops the list. In 2017, the spending for national R&D is expected to reach 1.76 trillion Yuan, up 70.9% from 2012, which accounts for 2.15% of GDP, and exceeds 2.1% of 15 European Union countries on average. International articles of science and technology has 70% increase higher than in 2012, which ranks top 2 in the world; It's first time that the cited number of International articles of science and technology surpasses Germany, Britain, ranking No.2 in the world. Invention patent application and patent granted top first in the world, and valid invention patent inventory ranked No.3 in the world. The turnover of China’s technology contract reaches 1.3 trillion Yuan. There are more than 13.6 high-tech enterprises. The spending for national R&D accounts for more than 50% and invention patent granted accounts for 40%. taxes are expected to reach over 1.5 trillion Yuan, Gross revenue is expected to exceed 30 trillion Yuan, the growth of more than 10%. More than 25 million jobs are provided. The contribution rate for science and technology increased from 52.2% to 57.5%, and national innovation capacity ranked 20th place to 17th since 2012.
