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WIPO expert says China is becoming a global innovation leader — Xinhua

Summary:
Innovation!A consistent innovation policy, increased spending on education and science and the ability to translate all these into sound results are behind China's current role as a global innovation leader, a senior official from the World Intellectual Property Organization (WIPO) told Xinhua on Thursday.As per the WIPO's "Global Innovation Index (GII) 2021" released on Monday, China is still the only middle-income economy among the world's top 30 most innovative countries. It has established itself as a global innovation leader and is approaching the top 10.According to the report, China has made continuous progress from ranking 14th last year to 12th this year and is now "knocking at the door of the GII top 10." This year, China also reached the top three in the Southeast Asia, East

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Innovation!
A consistent innovation policy, increased spending on education and science and the ability to translate all these into sound results are behind China's current role as a global innovation leader, a senior official from the World Intellectual Property Organization (WIPO) told Xinhua on Thursday.

As per the WIPO's "Global Innovation Index (GII) 2021" released on Monday, China is still the only middle-income economy among the world's top 30 most innovative countries. It has established itself as a global innovation leader and is approaching the top 10.

According to the report, China has made continuous progress from ranking 14th last year to 12th this year and is now "knocking at the door of the GII top 10." This year, China also reached the top three in the Southeast Asia, East Asia and Oceania (SEAO) region for the first time.…

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WIPO expert says China is becoming a global innovation leader
Xinhua (Chinese state media)
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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