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China’s 100 most innovative companies in 2017 named in annual report by Clarivate Analytics
China accounts for six out of ten patents published world-wide as innovation shifts to electronics and hi-tech industry from automotive, domestic appliances and electric power generation
Innovation quality can generally be measured by the success rate - the number of granted patents out of patent applications.

BEIJING, November 7, 2017 – China’s most innovative companies have been identified in the 2017 Top 100 Chinese Innovators report launched today by Clarivate Analytics, the global leader in providing trusted insights and analytics to accelerate the pace of innovation.

The second annual report focuses on China’s 100 most innovative enterprises which span 24 diverse industries with emphasis on hi-tech industries, and names 25 honorees again from 2016. They are joined by 25 new enterprises this year.

The 2017 report identifies a shift towards a domination of companies in hi-tech industries such as Electronic Components, Communications Equipment and Media Internet, in contrast to the dominance of the automotive, domestic appliances and electric power generation and supply industry in the 2016 report.  The full list of innovators spans a wide range of engineering sectors including General and Special-purpose Machinery, Automotive and Electrical Equipment, and other areas such as Consumer Goods and Healthcare.

This second report created by Clarivate is based on rigorous analysis of four main criteria, using data from its Derwent World Patents Index comprising:

  • Patent volume
  • Patent-grant success rate
  • Invention influence - how often the organization’s invention is subsequently cited by other companies in the patenting of their inventions over the most recent five years
  • Global reach – the ration of inventions filed for protection in countries outside China versus the total volume for that period.

The analysis covers companies in mainland China only and excludes Hong Kong, Macao and Taiwan. The scores for each of these metrics are merged to produce a combined score for each organization analyzed.

China has seen a steady increase in R&D expenditure as a proportion of GDP over the past decade 2006-2015 from 1.37% in 2006 to 2.07% in 2015, an increase of 51%. In the same period, the total number of patented inventions rose from 85,000 in 2006 to 1.67 million in 2015, an astounding increase of over 1850%. China now accounts for six out of every 10 patents published worldwide (sources: OECD, Derwent World Patents Index). Turning to basic and applied scientific research which forms the foundation of the innovation lifecycle, China's overall research output has grown significantly in recent years. Globally, the country’s share of research papers increased in 14 fields as tracked by Clarivate Analytics Web of Science between 2007 and 2016.

Here are some of the report’s key findings:  

  • The 2017 Top 100 Chinese Innovators list is grouped into *four tiers according to the weighted scores from the criteria used to evaluate innovation performance for the purpose of visualizing innovation strength and competitiveness of these companies. All 25 Tier 1 companies from 2016 are listed this year, which demonstrates their consistent innovation strength and that innovation is a long-term process.
  • This year’s list sees 25 new enterprises from across diverse industry sectors headed by Consumer Electronics and Electronic Components. This again emphasizes the increasing role that electronics is playing in innovation across many industry sectors as China and the rest of the world transition towards smarter technologies, the Internet of Things (IoT) and Industry 4.0.
  • Only 12 of the total 31 provinces of China are represented in the list, indicating that innovative Chinese companies are still concentrated in the eastern region of the country, compared to 15 provinces in 2016.  Beijing, the capital of the country, is again clearly the innovation hub with 42 companies on the list. The next most innovative province is Guangdong in southern China with 27 corporations, six more than in 2016. Shanghai, Shandong, Zhejiang, Anhui, Henan and Jiangsu all perform strongly.
  • Globalization analysis clearly shows again that most of the Chinese Top 100 innovators remain focused on protecting their innovation in domestic markets. This is evidenced by the fact that 73 of the Chinese Top 100 organizations have invention patent portfolios for 2012-2016 comprising 90 percent or more which are filed in China only. 
  • However, a significant proportion of companies are becoming increasingly global in outlook headed by ZTE who has 66% of their 2012-2016 invention portfolio filed outside China. ZTE is followed by Huawei (65%), AMEC (63%), Alibaba (56%) and BOE Technology (38%). These companies are all leading players in the global hi-tech electronic components, communications, consumer electronics and media internet industries and clearly show China’s growing global influence in these areas.

 

Said Bob Stembridge, principal patents analyst, Clarivate Analytics, “Innovation quality can generally be measured by the success rate - the number of granted patents out of patent applications. A comparison shows a slight fall in the success rate of obtaining granted patents of 4.9% amongst this year’s Chinese Top 100 innovators compared to 2016. This reflects a trend which Clarivate has observed globally towards focusing more on the quality vs quantity of protected innovation, and hence fewer applications proceeding through prosecution to become granted patents. This could be due either to patent offices raising the standard required to obtain granted patent rights, or it could be due to organizations abandoning lesser-quality inventions earlier. Either way, this results in a higher quality of innovation in lesser volume.” 

Commenting on China’s innovation-driven development, Linda Guo, managing director of China for Clarivate Analytics, said, “As the world’s second largest economy after the US and the largest commodity exporter, China continues to drive economic growth through its implementation of its ‘National Strategic Framework for Innovation-Driven Development’, supply-side structural reform and implementation of the Belt and Road initiative. During this long-term transformation, Chinese enterprises also need to overcome challenges such as issues of market access, competition, policy and intellectual property rights.  At Clarivate, we have a long tradition of helping our customers accelerate their innovation with our trusted insights and analytics. We look forward to helping Chinese enterprises succeed by protecting their intellectual property and supporting their innovation development.”  

The report used patent information and data collected from the Derwent World Patents Index and Derwent Patents Citation Index between 2012 and 2016. The report is available for download in both Simplified Chinese and English. 
Download the English report here. Click here to download the Simplified Chinese report


Clarivate Analytics Top 100 Chinese Innovators 2017 (Listed in alphabetical order by English organization name)

Organization

Province/ City

Industry

Tier

Aviation Industry Corporation of China

Beijing

Aerospace

I

Baidu

Beijing

Media Internet

I

Beijing Electronics Holding Co., Ltd.

Beijing

Electronic Components

I

*BOE

Beijing

Electronic Components

I

BYD

Guangdong

Automotive

I

China Electronics Corporation

Beijing

Electronic Components

I

China Mobile

Beijing

Telecom Services

I

China National Chemical Corporation (ChemChina)

Beijing

Petroleum & chemical products

I

China Resources (Holdings) Co., Ltd

Beijing

General

I

Coolpad Group Limited

Guangdong

Consumer Electronics

I

Datang Telecom Technology & Industry

Beijing

Communications Equipment

I

Geely

Zhejiang

Automotive

I

Goertek Inc.

Shandong

Consumer Electronics

I

Haier

Shandong

Domestic Appliances

I

Hisense

Shandong

Domestic Appliances

I

Huawei

Guangdong

Communications Equipment

I

Legend Holdings

Beijing

Computer Hardware

I

SANY

Hunan

General and Special-purpose Machinery

I

Semiconductor Manufacturing International Corporation (SMIC)

Shanghai

Electronic Components

I

Shanghai Electric

Shanghai

Electrical Equipment

I

TCL

Guangdong

Domestic Appliances

I

Tencent

Guangdong

Media Internet

I

Wuhan Research Institute of Post and Telecommunications

Hubei

Communications Equipment

I

Zoomlion Heavy Industry Science and Technology

Hunan

General and Special-purpose Machinery

I

ZTE

Guangdong

Communications Equipment

I

AAC Technologies Holdings Inc

Guangdong

Consumer Electronics

II

Alibaba Group Holding Limited

Zhejiang

Media Internet

II

Baowu Steel

Shanghai

Primary Metals

II

Beijing Automotive Group Co., Ltd.

Beijing

Automotive

II

China Electronics Technology Group Corporation

Beijing

Communications Equipment

II

China International Marine Containers (Group) Co., Ltd.

Guangdong

Other Transport Equipment

II

China North Industries Group Corporation

Beijing

General and Special-purpose Machinery

II

CRRC Corporation Limited

Beijing

Other Transport Equipment

II

Founder

Beijing

Computer Software

II

Gree

Guangdong

Domestic Appliances

II

Guangzhou Radio Group

Guangdong

Communications Equipment

II

Kingfa Sci. & Tech. Co., Ltd.

Guangdong

Non-metallic Materials

II

*Kuang-Chi

Guangdong

Consumer Electronics

II

MIDEA

Guangdong

Domestic Appliances

II

*Mindray

Guangdong

Medical Devices

II

*Oppo

Guangdong

Consumer Electronics

II

Qihoo 360 Technology Co.,Ltd

Beijing

Media Internet

II

Shanghai Huali Microelectronics Corporation

Shanghai

Electronic Components

II

*Shengyi Technology

Guangdong

Electronic Components

II

*Sichuan Jiuzhou Electric Group Co.,Ltd. (JEZETEK)

Sichuan

Consumer Electronics

II

Sinopec

Beijing

Petroleum & chemical products

II

*Skyworth

Guangdong

Consumer Electronics

II

Tsinghua Tongfang

Beijing

Computer Software

II

Tsinghua Unigroup

Beijing

Computer Software

II

XIAOMI TECHNOLOGY CO., LTD.

Beijing

Media Internet

II

Anshan Iron & Steel Group Corporation

Liaoning

Primary Metals

III

Broad-ocean

Guangdong

Electrical Equipment

III

Chery Holdings

Anhui

Automotive

III

*China Communications Construction Company Ltd.

Beijing

Construction

III

China General Nuclear Power Group

Guangdong

Electric Power Generation & Supply

III

*China Iron & Steel Research Institute Group

Beijing

Primary Metals

III

China Metallurgical Group Corporation

Beijing

Primary Metals

III

China National Building Materials Group Corporation

Beijing

Non-metallic Materials

III

China National Nuclear Corporation

Beijing

Electric Power Generation & Supply

III

China National Offshore Oil Corporation

Beijing

Petroleum & chemical products

III

China National Petroleum Corporation (CNPC)

Beijing

Petroleum & chemical products

III

CHINT Group Corp.

Zhejiang

Auxiliary Power Equipment

III

*CITIC Group

Beijing

General

III

*Comba Telecom

Guangdong

Telecom Services

III

*ENN Group

Hebei

Petroleum & Chemical Products

III

*HAN’S LASER

Guangdong

General and Special-purpose Machinery

III

Huahong Group

Shanghai

Electronic Components

III

O-FILM

Guangdong

Electronic Components

III

*Positec

Jiangsu

General and Special-purpose Machinery

III

*Sanhua Holding Group Co., Ltd

Zhejiang

General and Special-purpose Machinery

III

Shanghai Automotive Industry Corporation (Group)

Shanghai

Automotive

III

Shenhua Group

Beijing

Electric Power Generation & Supply

III

Shougang Group

Beijing

Primary Metals

III

Sinochem

Beijing

petroleum & chemical products

III

State Grid Corporation of China

Beijing

Electric Power Generation & Supply

III

Aluminum Corporation of China Limited

Beijing

Primary Metals

IV

*AMEC

Shanghai

Electronic Components

IV

Anhui Jianghuai Automobile Co.,Ltd

Anhui

Automotive

IV

*Beiyang Group

Shandong

General

IV

*China Banknote Printing and Minting

Beijing

Printing

IV

*China Energy Engineering Co., Ltd

Hubei

Construction

IV

China Guodian Corporation

Beijing

Electrical Equipment

IV

China Railway Construction Corporation

Beijing

Construction

IV

China Railway Engineering Corporation

Beijing

Construction

IV

China South Industries Group Corporation

Beijing

General and Special-purpose Machinery

IV

China Southern Power Grid Co., Ltd.

Guangdong

Electric Power Generation & Supply

IV

Commercial Aircraft Corporation of China, Ltd.

Shanghai

Aerospace

IV

*Feitian Chengxin Science and Technology Co. Ltd.

Beijing

Computer Software

IV

General Research Institute For Nonferrous Metals

Beijing

Primary Metals

IV

Haiyangwang Lighting Technology Co Ltd

Guangdong

Auxiliary Power Equipment

IV

*Jiang Su Heng Rui Medicine Co.,Ltd.

Jiangsu

Pharmaceuticals

IV

Konka Group Co.,Ltd

Guangdong

Domestic Appliances

IV

*Nationz Technologies

Guangdong

Electronic Components

IV

Print-Rite Holdings Limited.

Guangdong

Consumer Goods

IV

Shandong Heavy Industry Group

Shandong

General and Special-purpose Machinery

IV

State Power Investment Corporation

Beijing

Electric Power Generation & Supply

IV

*Sungrow

Anhui

Electrical Equipment

IV

*Visionox

Beijing

Consumer Electronics

IV

*Xiangtan Electric Manufacturing Group Co., Ltd. (XEMC)

Hunan

Electrical Equipment

IV

Xuzhou Construction Machinery Group Co.,Ltd

Jiangsu

General and Special-purpose Machinery

IV


Note to editors:
For the purpose of visualizing innovative strength and competitiveness of the Chinese Top 100, the companies are categorized into four tiers*  with 25 companies within each tier. In this way, we expect to identify and study innovation leaders in various fields, so as to help companies understand their industrial positions and better define their innovation goals.

The 25 organizations highlighted with* appear amongst the 2017 Top 100 Chinese Innovators for the first time.


Clarivate Analytics
Clarivate™ Analytics is the global leader in providing trusted insights and analytics to accelerate the pace of innovation. Building on a heritage going back more than a century and a half, we have built some of the most trusted brands across the innovation lifecycle, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor® and Techstreet™. Today, Clarivate Analytics is a new and independent company on a bold entrepreneurial mission, to help our clients radically reduce the time from new ideas to life-changing innovations. For more information, please visit clarivate.com.
 

 

For further information: please contact Pamela Lim, External Communications Manager, Asia Pacific, tel: +65 6870 3212, email: pamela.lim@clarivate.com and Lisa Hulme, Head of Global Communications, tel: +44 (0) 7464 646536, email: lisa.hulme@clarivate.com.

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