China's innovation index hits a new high
investment intensity is close to the average level of OECD countries
Beijing, October 29 (Reporter Xiong Li) On the 29th, the National Bureau of Statistics "China Innovation Index Research" research group released data showing that China's innovation index in 2020 will reach 242.6, an increase of 6.4% over the previous year, and the level of innovation Continue to improve.
Specifically, the value of the innovation environment index in 2020 is 266.3, an increase of 6.3% over the previous year.
With the implementation of a number of policy measures such as increasing the deduction ratio, expanding the scope of application, and optimizing the declaration procedures, the benefits of corporate policies have expanded, and policy recognition and tax reduction efforts have continued to increase.
The value of the innovation input index in 2020 is 209.7, an increase of 5.4% over the previous year, and the growth rate is 2.4 percentage points higher than the previous year.
In 2020, China’s investment in R&D expenditures reached 243.931 billion yuan, an increase of 10.2% over the previous year, achieving double-digit growth for five consecutive years; the investment intensity (ratio of R&D expenditure to GDP) was 2.40%, an increase of 0.16 percentage points over the previous year. The rate of increase hit a new high since 2010.
The ranking of input intensity among the world's major economies has risen from 16th to 12th in 2016, which is close to the average level of OECD countries.
"The position of the mainstay of enterprise innovation has been further consolidated." Li Yin, chief statistician of the Department of Social Sciences and Humanities of the National Bureau of Statistics, introduced that in 2020, the R&D expenditure of Chinese enterprises reached 1,867.38 billion yuan, an increase of 10.4% over the previous year; among them, the R&D expenditure of industrial enterprises above designated size was 15271.3 100 million yuan, an increase of 9.3% over the previous year; corporate R&D expenditures contributed 77.9% to the growth of R&D expenditures in the whole society, an increase of 9.4% over the previous year.
Li Yin said that the trend of China's innovation index shows that in the face of complex and severe domestic and foreign situations, China adheres to the core position of innovation in the overall modernization drive, deeply implements innovation-driven development strategies, further improves innovation capabilities and levels, and accelerates the release of innovation momentum. It provides important support for stable and rapid economic growth.