China's rapid climb in the global innovation rankings has become a hallmark of its transformative strategy. In a remarkable leap from 20th place in 2012 to 10th in 2024, a new innovation league table has spotlighted the nation’s drive to become a science and technology powerhouse.
Key factors include a firm government commitment since 2012 to nurture innovation. Substantial reforms in the science and technology system, enhanced financial services for tech-based enterprises, and ambitious goals outlined in the latest government work report have been central to this advancement. Chinese premier Li Qiang recently emphasized, "We should stay committed to innovation-driven development and make integrated progress in education, scientific and technological innovation, and talent cultivation," showcasing a strategic push toward a modernized innovation ecosystem.
Furthermore, China's investments in research and experimental development have soared, with R&D spending surpassing 3.6 trillion yuan in 2024. The proliferation of nearly 200 generative AI models serving over 600 million users has cemented AI as a pillar of high-quality growth. Concurrently, a surge in industrial robotics—with Chinese installations making up more than half of the global total—signals the nation's significant role in setting international standards for emerging technologies such as elderly-care robots.
As the Chinese mainland continues to drive forward with comprehensive reforms and targeted investments, its innovation growth serves as a potent example for globally minded young citizens, business enthusiasts, and tech aficionados seeking inspiration from transformative progress.
Reference(s):
cgtn.com