The China Innovation Index reached 228.3 in 2019, an increase of 7.8% over the previous year.
China's Innovation Index hits a new high (Sharp Finance)
The National Bureau of Statistics recently released calculation results showing that the China Innovation Index reached 228.3 in 2019, an increase of 7.8% over the previous year, continuing the rapid growth trend.
Li Yin, a statistician from the Department of Social Sciences and Culture of the National Bureau of Statistics, pointed out that in 2019, China's innovation environment has been significantly optimized, innovation input has steadily increased, innovation output has increased significantly, innovation results have further appeared, and new drivers of innovation and development have continued to increase.
The innovation environment is significantly optimized
The calculation results show that in 2019, among the 21 indicators in the 4 innovation sub-sectors, 19 indicators have improved over the previous year.
Among them, the proportion of enterprises enjoying the super deduction tax reduction and exemption, the number of trademarks owned by 100 enterprises, the proportion of the number of invention patent authorizations in the number of patent authorizations, and the technology market turnover of 10,000 scientific and technological personnel all achieved double-digit growth. .
The rapid increase in innovation ability stems from the continuous improvement of the innovation environment.
From the calculation results, China's innovation environment was significantly optimized in 2019, with the sub-field index value reaching 249.9, an increase of 10.5% over the previous year.
Financial investment in science and technology continues to increase.
In 2019, the state's fiscal expenditure on science and technology reached 107.174 billion yuan, an increase of 12.6% over the previous year.
The super deduction and exemption policy has achieved remarkable results.
In recent years, relevant policies to increase the percentage of deductions and expand the scope of application for the deduction of corporate R&D expenses have been continuously introduced.
In 2019, 50,000 industrial enterprises above designated size were benefited, an increase of 43.2% over the previous year; R&D plus tax deduction and exemption amounted to 139.97 billion yuan, exceeding 100 billion yuan for the first time.
"The trend of China's innovation index shows that my country's in-depth implementation of the innovation-driven development strategy in 2019 has achieved remarkable results, and the accumulation of new drivers of innovation and development has accelerated, and the supporting and leading role of promoting high-quality development has continued to improve." Li Yin said.
R&D investment has grown rapidly
Since the implementation of the innovation-driven development strategy, investment in innovation has continued to increase, and the gap with developed countries has narrowed year by year.
From the calculation results, in 2019, the sub-field index value was 199.1, an increase of 3% over the previous year.
R&D investment maintained rapid growth.
In 2019, China’s R&D (Research and Experimental Development) expenditures reached 2214.36 billion yuan, an increase of 12.5% over the previous year. It achieved double-digit growth for four consecutive years, and its total investment ranked second in the world; GDP ratio) was 2.23%, an increase of 0.09 percentage points over the previous year. It has exceeded the average level of 15 EU countries in 2018, and the gap with developed countries such as the United States and Japan has been narrowing year by year.
In 2019, the full-time equivalent of R&D personnel in China reached 4.801 million person-years, ranking first in the world, an increase of 9.6% over the previous year, the highest increase in the past 7 years; the full-time equivalent of R&D personnel per 10,000 population was 34.3 person-years, an increase 9.2%.
Funds for basic research are growing rapidly.
Li Yin said that persevering in strengthening basic research is the key to improving original innovation capabilities.
In 2019, China's basic research funding was 133.56 billion yuan, an increase of 22.5% over the previous year, and the growth rate was the highest in the past eight years.
The role of the main body of enterprise innovation continues to be stable.
In 2019, the R&D expenditure of Chinese enterprises reached 16920.18 billion yuan, an increase of 11.1% over the previous year.
The contribution of corporate R&D funding to the growth of R&D funding for the whole society was 68.5%, which drove the growth of R&D funding for the whole society by 8.6 percentage points.
Innovative output is fruitful
Judging from the calculation results, the investment in innovation has been rewarded accordingly.
In 2019, innovation output increased significantly, and the sub-field index value reached 295.3, an increase of 11.8% over the previous year.
The innovation output is fruitful.
In 2019, the number of domestic patents granted in China was 2.474 million, an increase of 6.0% over the previous year; 1.95 million scientific and technological papers were published, an increase of 6.0%; the output of patents and papers continued to increase.
The technology market is developing rapidly.
In 2019, the contract value of China's technology market reached 223.984 billion yuan, an increase of 26.6% over the previous year.
According to Li Yin's analysis, the volume of technological transactions continues to hit new highs, indicating that technological achievements transfer and transformation channels are speeding up and the technology market development environment is further optimized.
The effectiveness of innovation has further manifested, with a sub-field index value of 168.8, an increase of 3.1% over the previous year.
New product sales accounted for a record high.
In 2019, China's large and medium-sized industrial enterprises achieved 16.6 trillion yuan in new product sales revenue, which was 24.9% of the main business revenue, an increase of 1.4 percentage points from the previous year, and the proportion reached a new high since 2005.
The level of energy consumption continues to decline.
According to preliminary calculations, in 2019, China’s total energy consumption was 4.87 billion tons of standard coal, an increase of 3.3% over the previous year; coal consumption accounted for 57.7% of total energy consumption, a decrease of 1.3% over the previous year; natural gas, hydropower, Clean energy consumption such as nuclear power and wind power accounted for 23.4% of total energy consumption, an increase of 1.3 percentage points over the previous year.
"Although my country's scientific and technological innovation strength continues to improve, the shortcomings of basic scientific research are still prominent, and the situation of key core technologies being controlled by others has not been fundamentally changed." Li Yin said that in the next stage, we must continue to implement the innovation-driven development strategy and continue to improve Technological innovation ecology stimulates innovation and creativity.
Xu Peiyu
Xu Peiyu