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Shanghai facilitates innovation to sharpen its competitive edge

Updated: Oct 21, 2019 By Cao Chen in Shanghai chinadaily.com.cn Print
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Francis Gurry, director general of the World Intellectual Property Organization

In 2018,‌‌ 3.3 million patent applications were filed. ... Roughly two-thirds of all those applications‌‌ we found in Asia. ‌‌This is an extraordinary transformation. The primary driver in Asia has been China, in the growth rates,1.54 million of them, about 46 percent,‌‌ are filed in China‌. We see that China has risen to 14th place‌‌ in the global innovation index. Shanghai is now the 11th in the cluster for science, technology and innovation in the world.

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