News Snapshot:
China moved closer to cracking the top 10 in the latest Global Innovation Index, with outstanding marks in hi-tech exports and patents . However, its overall score was held back by weaknesses in the institutional and regulatory environments. Hong Kong, meanwhile, slipped in the annual ranking, published by the United Nations’ World Intellectual Property Organisation (Wipo). China jumped two places from last year to 12th among the 132 economies graded according to innovation capabilities by Wipo. It was also the highest-ranked middle-income economy on the 2021 list released on Monday, after breaking into the top 15 in 2019. Topping the...
