Summer Davos: China’s Premiere Li Kequiang Touts Globalization

Tuesday, June 27, 2017

In the first day of the World Economic Forum’s “Summer Davos” event in Dailan, China, Chinese Premiere Li Kequiang spoke about the benefits of globalization, China’s position as a global leader, and the country’s recent performance in the Global Innovation Index (GII).

In the GII 2017, released June 15, 2017 by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO), China ranks 22nd globally. Now in its 10th edition, the GII provides detailed metrics about the innovation performance of economies around the world, exploring a broad vision of innovation.

Ranking 22nd (up three spots from 2016), China is the highest rank middle-income economy, and 6th among economies in the South East Asia, East Asia, and Oceania region. China’s strengths lie largely across measurement of business sophistication and knowledge and technology outputs, measuring 9th and 4th respectively among all economies in these particular pillars of the GII’s model. China ranks 1st globally in several indicators, including: number of patents, industrial designs by origin, and firms offering formal training (%).

Reference to the GII at the event can be found in the video below, beginning at 26:00:

The full Global Innovation Index may be downloaded at:

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