Group 1 - The Global Innovation Index (GII) ranks Switzerland, Sweden, the United States, South Korea, and Singapore as the top five economies for innovation [1][2] - China has entered the top ten for the first time, ranking 10th, and has the most innovation clusters in the global top 100, with 24 clusters [1][2] - The GII evaluates nearly 140 economies using around 80 indicators, including R&D expenditure, venture capital transactions, high-tech exports, and intellectual property applications [4] Group 2 - The report indicates that R&D growth is expected to slow down to 2.9% in 2024, the lowest since the 2010 financial crisis, with a further decline to 2.3% projected for 2025 [4] - Due to persistent high inflation, corporate R&D spending has only increased by 1%, significantly lower than the average of 4.6% over the past decade [5] - Venture capital (VC) investment is projected to grow by 7.7% in 2024, driven by large transactions in the U.S. and investments in generative AI, although overall VC activity is contracting when excluding these projects [5]

第一财经从世界知识产权组织官网获悉，在最新公布的2025全球创新指数中，中国首次跻身前十；去 年居第十一位，今年上升一位，居第十位。 （第一财经记者 金叶子） ...

第一财经从世界知识产权组织官网获悉，在最新公布的2025全球创新指数中，中国首次跻身前十；去年 居第十一位，今年上升一位，居第十位。 去年居第十一位，今年上升一位。 ...

Core Insights - The World Intellectual Property Organization (WIPO) released the 2025 Global Innovation Index, ranking Switzerland, Sweden, the United States, South Korea, and Singapore at the top, with China entering the top ten and maintaining a leading position among middle-income economies [1] - A group of middle-income economies, led by China, India, and Turkey, continues to rise in rankings, with 17 low and middle-income economies outperforming their expected development levels, particularly in sub-Saharan Africa [1] - The growth rate of R&D spending is projected to decline to 2.9% in 2024, down from 4.4% the previous year, marking the lowest level since the 2010 financial crisis [1] - WIPO forecasts further slowdown in growth for 2025, with corporate R&D spending growth rate slowing to 1%, significantly lower than the past decade's average of 4.6% [1] - Global venture capital transactions have decreased for the third consecutive year, with a decline of 4.4%, indicating a cautious investor sentiment outside of a few industries and regions [1] Summary by Categories Innovation Rankings - The 2025 Global Innovation Index ranks approximately 140 economies based on around 80 indicators, including R&D spending, venture capital transactions, high-tech exports, and intellectual property applications [1] - China, India, and Turkey are leading a rise in middle-income economies, with significant performance from 17 low and middle-income economies exceeding expectations [1] R&D Spending Trends - The R&D growth rate is expected to drop to 2.9% in 2024, the lowest since the 2010 financial crisis, compared to 4.4% in the previous year [1] - Corporate R&D spending growth is projected to slow to 1%, well below the average of 4.6% over the past decade [1] Venture Capital Activity - Global venture capital transactions have seen a decline for three consecutive years, with a 4.4% drop, reflecting a cautious approach from investors [1]

世界知识产权组织近日在香港发布《2025年全球创新指数》百强创新集群,我国以24个集群数量继续位 列全球第一。"全球百强创新集群排名中,我国共有24个集群上榜,数量连续第三年位居全球第一。"国家 知识产权局新闻发言人、办公室副主任杜玉说,前十位的创新集群中,我国占据三席,分别排名第一、第四 和第六位。 经济参考报 ...

Core Insights - The "Shenzhen-Hong Kong-Guangzhou" innovation cluster has ranked first in the "2025 Global Innovation Index" released by the World Intellectual Property Organization, surpassing the long-time leader "Tokyo-Yokohama" cluster for the first time after six consecutive years on the list [2][3]. Group 1: Innovation Cluster Performance - The "Shenzhen-Hong Kong-Guangzhou" cluster accounts for 9% of global PCT patent applications and 2.4% of publications, with a notable 2.9% share in risk capital transactions, exceeding Tokyo-Yokohama's 0.7% [2]. - From 2019 to 2023, the top 100 global clusters attracted nearly 169,000 risk capital transactions, highlighting the unique advantages of the Greater Bay Area in funding support and technology transformation [2]. Group 2: Policy and Financial Support - The rise of the "Shenzhen-Hong Kong-Guangzhou" cluster is supported by top-level design and policy coordination, including the implementation of the "Guangdong Province Science and Technology Innovation Regulations" in 2024 [4]. - Guangdong has introduced a comprehensive service system for technology finance, including venture capital, technology credit, and technology insurance, with 13 new science and technology enterprises and companies listed on the Growth Enterprise Market in 2024 [4]. Group 3: Collaborative Mechanisms - The collaboration between academia, industry, and research is maturing, with Hong Kong focusing on basic research, Shenzhen excelling in technology transfer and advanced manufacturing, and Guangzhou leveraging its hub function and talent incubation [5]. - The establishment of high-value patent cultivation centers and the significant number of PCT international patent applications position Guangdong among the global leaders in innovation [5][6]. Group 4: Overall Innovation Capability - Guangdong has maintained the top position in regional innovation capability for eight consecutive years, with leading metrics in R&D expenditure, high-value invention patents, and the number of high-tech enterprises [6]. - The region has built 10 major national scientific and technological infrastructures, with 30 universities and 242 disciplines ranked in the top 1% globally according to ESI [6].

Core Viewpoint - The 2025 Global Innovation Index (GII) report reveals significant changes in global innovation clusters, with the Shenzhen-Hong Kong-Guangzhou cluster surpassing the Tokyo-Yokohama cluster to take the top spot, marking a shift in the global innovation landscape [2][3]. Group 1: Global Innovation Cluster Rankings - The Shenzhen-Hong Kong-Guangzhou cluster ranks first, followed by Tokyo-Yokohama in second, and San Jose-San Francisco in third [2]. - China leads with the most clusters in the top 100, totaling 24, while the United States has 22 [3]. - Two new clusters entered the top 100 for the first time: Ningbo at 93rd and Ningde at 99th [4]. Group 2: Innovation Intensity and Key Players - Ningde ranks fourth globally in innovation intensity, which is a measure of patents, scientific publications, and venture capital transactions normalized by population [5][6]. - The surge in innovation intensity in Ningde is attributed to the significant patent activities of CATL (Contemporary Amperex Technology Co., Limited) [6][7]. - In the first seven months of the year, Ningde's industrial output value increased by 15.8%, with its four main industries (lithium battery new energy, new energy vehicles, stainless steel new materials, and copper materials) contributing significantly to this growth [7]. Group 3: Changes in Ranking Methodology - The GII introduced a new indicator this year, focusing on venture capital transactions, which allows for a better understanding of entrepreneurial activities and innovation financing [14]. - The report indicates that the top 10 innovation clusters contribute to 40% of global PCT applications and 35% of venture capital transactions, highlighting their importance in the global innovation ecosystem [17].

Core Insights - The World Intellectual Property Organization (WIPO) released the 2025 Global Innovation Index, highlighting that the Shenzhen-Hong Kong-Guangzhou innovation cluster has surpassed the Tokyo-Yokohama cluster to become the world's top innovation cluster for the first time [1] - The Shenzhen-Hong Kong-Guangzhou cluster has ranked second globally for five consecutive years from 2020 to 2024, and this year marks its ascent to the top of the global rankings [1] - The Macau-Zhuhai innovation cluster has also improved its position, moving up two spots in the global top 100 [1] Industry Developments - The Guangdong-Hong Kong-Macao Greater Bay Area Development Plan aims to establish the region as a "globally influential international technology innovation center," and the recent achievement of the Shenzhen-Hong Kong-Guangzhou cluster reflects positive progress in this initiative [1] - The inclusion of venture capital (VC) transaction activities as a new metric in this year's Global Innovation Index cluster research has reshaped the ranking landscape, emphasizing the importance of financial backing in innovation [1] - WIPO's Director General emphasized that innovation clusters are vital components of a strong national innovation ecosystem, facilitating the transformation of scientific research into economic outcomes [1]

Group 1 - The "Shenzhen-Hong Kong-Guangzhou" innovation cluster ranks first in the 2025 Global Innovation Index, surpassing the "Tokyo-Yokohama" cluster which held the top position for five consecutive years [1] - The "Shenzhen-Hong Kong-Guangzhou" cluster is ranked 45th in innovation intensity, while the "Macau-Zhuhai" cluster, which debuted in 2024, has risen to 98th place and is ranked 81st in innovation intensity [1] - The Greater Bay Area's innovation landscape is characterized by the active collaboration between the Guangzhou-Shenzhen-Hong Kong and Guangzhou-Zhuhai-Macau corridors, with the latter becoming a hub for technology cooperation [1] Group 2 - A number of innovation platforms are emerging along the Guangzhou-Zhuhai-Macau corridor, including the China-Portuguese-speaking Countries Technology Exchange and Cooperation Center in Macau and the Zhuhai-Hengqin Center, both of which are fully operational [2] - The Guangdong-Hong Kong-Macau Greater Bay Area Development Plan emphasizes the construction of an international technology innovation center, aiming to deepen innovation cooperation and create a collaborative innovation community [2] - The plan focuses on gathering international innovation resources, optimizing the innovation policy environment, and enhancing the ability to transform scientific and technological achievements into practical applications [2]

Core Insights - The "Shenzhen-Hong Kong-Guangzhou" cluster ranks first in the 2025 Global Innovation Index, with three Chinese clusters in the top six [1][3] - The ranking is based on three core indicators: international patent applications, scientific publications, and newly added venture capital transaction volume [3] Group 1: Innovation Cluster Rankings - The "Shenzhen-Hong Kong-Guangzhou" cluster has a patent application density of 2,292 per million people and a scientific publication density of 3,775 per million people over the past five years [3] - The venture capital transaction volume density for the cluster is 135 transactions per million people [3] Group 2: Government Initiatives and Support - The Hong Kong government emphasizes the development of innovation and technology as a key policy focus, with three initiatives each involving HKD 10 billion: "Industry-Academia-Research 1+ Plan," "New Industrial Acceleration Plan," and "Innovation and Technology Industry Guidance Fund" [5] - Hong Kong aims to attract global leading companies and talents in cutting-edge technology to enhance its innovation ecosystem [5][6]