China's 100 most innovative companies in 2018 named in third annual report by Clarivate Analytics

BEIJING, Oct. 16, 2018 /CNW/ -- China's most innovative companies have been identified in the 2018 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.  This is the third annual report created by Clarivate, using its patent analysis tools and data including the Derwent World Patents Index, Derwent Patents Citation Index, Derwent Innovation and Derwent Data Analyzer.   

Fifteen new companies have joined the list in 2018,12 of which make their first ever appearance in the Chinese Top 100 Innovators list, representing a range of industry sectors from Information Safety to Medical Devices to a range of high tech industries such as Electronic Components, Communications Equipment and Media Internet. Engineering sectors such as General and Special-purpose Machinery, Automotive and Electrical Equipment are again present together with other areas such as Consumer Goods and Healthcare.

The 2018 report created by Clarivate Analytics covers companies located in mainland China only and excludes Hong Kong, Macao and Taiwan and is based on rigorous analysis of four key criteria:

1. Patent volume – based on a certain volume of inventions in the past five years
2. Patent-grant success rate – the number of inventions with granted invention patents by the number of basic patents from the most recent five years
3. 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
4. Globalization – the ratio of inventions filed for protection in countries outside China versus the total volume for that period

"Our analysis indicates that although there has been a slight decline in innovation quality, there has been a shift in strategy among some top innovators away from filing indiscriminately and cheaply and towards filing more selectively on their higher value innovation.  Companies are filing significantly fewer invention patent and utility model applications and are focusing on patenting only the inventions that are strategically more important to their organization," said Bob Stembridge, Principal Patent Analyst at Clarivate Analytics.

The report also revealed that the number of published patent applications in China has grown by an average of 15.3% CAGR (Compound Annual Growth Rate) for the last five years to reach 1.27 million in 2017.  Over the same time period, utility models grew much less at 6.2% CAGR and granted patents rose 15.1% CAGR to just over 420,000. (Source: Derwent Innovation).

Linda Guo, Managing Director of the Greater China region for Clarivate Analytics added, "China's Five-Year Plan (2016-2020), identifies innovation as one of five key goals to drive China's rapid development and growth as the world's second largest economy. It also aims to increase R&D expenditure as a proportion of Gross Domestic Product (GDP) to 2.5% by 2020, with support for innovation by way of tax breaks and other significant incentives to support patent filings by China-based entities. This has resulted in a massive increase in the number of Chinese patents as firms seek to protect and commercialize their innovation in one of the largest and most competitive global markets."

Other key findings in the 2018 report identified: 

• Technological innovation is becoming more concentrated in China's eastern region, although the balance has shifted from Beijing.
• The majority of the Top 100 Chinese innovators are focused on protecting their innovation domestically with 61 having patent portfolios comprising of 90% or more filed in China only.
• The average number of patent families within the Top 100 patent portfolios with filings in two or more countries grew by a healthy 12.5% compared to last year, indicating more companies are filing more globally, led this year by Huawei, ZTE, AMEC, Alibaba and BOE Technology.
• The overall combined influence metrics of the 2018 Top 100 Chinese innovators (the total of all influence scores) is 4.5% higher this year than 2017.
• The average citation ratio of 0.71 citations per citation for China's top innovators is still below that of the Top 100 Global Innovators at 1.13 citations per citation showing China still has room to increase its innovation influence globally.

The report is available for download in both Simplified Chinese and English. Download the English report here and here to download the Simplified Chinese report. 

About Derwent™
Derwent powers the innovation lifecycle from idea to commercialization – with trusted patent data, applications and services including Derwent Innovation, Derwent World Patents Index, Derwent Patents Citation Index and Derwent Data Analyzer. We build solutions for inventors, patent attorneys and licensing specialists at start-ups and the largest global innovators, legal professionals at the leading intellectual property practices, and patent examiners at more than 40 patent offices. Our solutions are used to monitor technology trends and competitive landscapes, inform FTO opinions, prosecute patents, monetize and license assets and support litigation activities.

About 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 150 years, we have built some of the most established global brands across the innovation lifecycle, including Web of Science, Cortellis, Derwent, CompuMark, MarkMonitor and Techstreet. These trusted brands are focused on scientific and academic research, patent analytics and regulatory standards, pharmaceutical and biotech intelligence, trademark protection, domain brand protection and intellectual property (IP) management. Today, Clarivate Analytics is a new and independent company operating in more than 100 countries including the Greater China region, Japan, South Korea, Southeast Asia, Australia and New Zealand in Asia Pacific. For more information, visit clarivate.com.

Media Contacts
Pamela Lim
Clarivate Analytics
Senior External Communications Manager, Asia Pacific
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Jessica Stanek
Clarivate Analytics
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Clarivate Analytics Top 100 Chinese Innovators 2018

For the purpose of visualizing innovative strength and competitiveness of the Chinese Top 100 Innovators, 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 15 organizations highlighted in bold with * are new to the 2018 Top 100 Chinese Innovators list.

Organization	Province/City	Industry	Tier	Previous Winners
AAC Technologies Holdings Inc	Guangdong	Consumer Electronics	I	2016, 2017
Aviation Industry Corporation of China	Beijing	Aerospace	I	2016, 2017
Baidu	Beijing	Media Internet	I	2016, 2017
BOE	Beijing	Electronic Components	I	2016, 2017
BYD	Guangdong	Automotive	I	2016, 2017
China Electronics Corporation	Beijing	Electronic Components	I	2016, 2017
China National Chemical Corporation (ChemChina)	Beijing	Petroleum & Chemical Oroducts	I	2016, 2017
Coolpad Group Limited	Guangdong	Consumer Electronics	I	2016, 2017
Datang Telecom Technology & Industry	Beijing	Communications Equipment	I	2016, 2017
Geely	Zhejiang	Automotive	I	2016, 2017
Guangzhou Radio Group	Guangdong	Communications Equipment	I	2016, 2017
Haier	Shandong	Domestic Appliances	I	2016, 2017
Hisense	Shandong	Domestic Appliances	I	2016, 2017
Huawei	Guangdong	Communications Equipment	I	2016, 2017
Legend Holdings	Beijing	Computer Hardware	I	2016, 2017
Oppo	Guangdong	Consumer Electronics	I	2017
Qihoo 360 Technology Co.,Ltd	Beijing	Information Safety	I	2016, 2017
Skyworth	Guangdong	Consumer Electronics	I	2017
TCL	Guangdong	Domestic Appliances	I	2016, 2017
Tencent	Guangdong	Media Internet	I	2016, 2017
Tsinghua Tongfang	Beijing	Computer Software	I	2016, 2017
Tsinghua Unigroup	Beijing	Computer Software	I	2016, 2017
XIAOMI TECHNOLOGY CO., LTD.	Beijing	Media Internet	I	2016, 2017
Zoomlion Heavy Industry Science and Technology	Hunan	General and Special- purpose Machinery	I	2016, 2017
ZTE	Guangdong	Communications Equipment	I	2016, 2017
Alibaba Group Holding Limited	Zhejiang	Media Internet	II	2016, 2017
Baowu Steel	Shanghai	Primary Metals	II	2016, 2017
Broad-ocean	Guangdong	Electrical Equipment	II	2016, 2017
China International Marine Containers (Group) Co., Ltd.	Guangdong	Other Transport Equipment	II	2016, 2017
China Mobile	Beijing	Telecom Services	II	2016, 2017
China North Industries Group Corporation	Beijing	General and Special- purpose Machinery	II	2016, 2017
China Resources (Holdings) Co., Ltd	Beijing	General	II	2016, 2017
CITIC  Group	Beijing	General	II	2017
Founder	Beijing	Computer Software	II	2016, 2017
Goertek Inc.	Shandong	Consumer Electronics	II	2016, 2017
HAN's LASER	Guangdong	General and Special- purpose Machinery	II	2017
Kingfa Sci. & Tech. Co., Ltd	Guangdong	Non-metallic Materials	II	2016, 2017
Kuang-Chi	Guangdong	Consumer Electronics	II	2017
MIDEA	Guangdong	Domestic Appliances	II	2016, 2017
Mindray	Guangdong	Medical Devices	II	2017
O-FILM	Guangdong	Electronic Components	II	2016, 2017
Sanhua Holding Group Co., Ltd	Zhejiang	General and Special- purpose Machinery	II	2017
Semiconductor Manufacturing International Corporation (SMIC)	Shanghai	Electronic Components	II	2016, 2017
Shanghai Electric	Shanghai	Electrical Equipment	II	2016, 2017
Shanghai Huali Microelectronics Corporation	Shanghai	Electronic Components	II	2016, 2017
Shengyi Technology	Guangdong	Electronic Components	II	2017
Sichuan Jiuzhou Electric Group Co.,Ltd. (JEZETEK)	Sichuan	Consumer Electronics	II	2017
Sungrow	Anhui	Electrical Equipment	II	2017
Visionox	Beijing	Consumer Electronics	II	2017
Wuhan Research Institute of Post and Telecommunications	Hubei	Communications Equipment	II	2016, 2017
AMEC	Shanghai	Electronic Components	III	2017
Beijing Automotive Group Co., Ltd.	Beijing	Automotive	III	2016, 2017
*Beijing Dabei Agricultural Science and Technology Group Co., Ltd.	Beijing	Agriculture	III
Beijing Electronics Holdings Co., Ltd.	Beijing	Electronic Components	III	2017
Beiyang Group	Shandong	General	III	2017
China Electronics Technology Group Corporation	Beijing	Communications Equipment	III	2016, 2017
China General Nuclear Power Group	Guangdong	Electric Power Generation & Supply	III	2016, 2017
China National Building Materials Group Corporation	Beijing	Non-metallic Materials	III	2016, 2017
China National Nuclear Corporation	Beijing	Electric Power Generation & Supply	III	2016, 2017
China National Offshore Oil Corporation	Beijing	Petroleum & Chemical Products	III	2016, 2017
CHINT Group Corp.	Zhejiang	Auxiliary Power Equipment	III	2016, 2017
Comba Telecom	Guangdong	Telecom Services	III	2017
CRRC Corporation Limited	Beijing	Other Transport Equipment	III	2016, 2017
Feitian Chengxin Science and Technology Co. Ltd.	Beijing	Computer Software	III	2017
General Research Institute For Nonferrous Metals	Beijing	Primary Metals	III	2016, 2017
Gree	Guangdong	Domestic Appliances	III	2016, 2017
Huahong Group	Shanghai	Electronic Components	III	2016, 2017
*Kingsoft Software Co., Ltd	Beijing	Information Safety	III
Konka Group Co.,Ltd	Guangdong	Domestic Appliances	III	2016, 2017
Nationz Technologies	Guangdong	Electronic Components	III	2017
Positec	Jiangsu	General and Special- purpose Machinery	III	2017
Print-Rite Holdings Limited	Guangdong	Consumer Goods	III	2016, 2017
SANY	Hunan	General and Special- purpose Machinery	III	2016, 2017
Shougang Group	Beijing	Primary Metals	III	2016, 2017
*Tendyron Corporation	Beijing	Information Safety	III
*Beijing Watch Data System Co., Ltd.	Beijing	Information Safety	IV
*CHIA TAI TIANQING PHARMACEUTICAL GROUP CO., LTD.	Jiangsu	Pharmaceuticals	IV
China Banknote Printing and Minting	Beijing	Printing	IV	2017
China Guodian Corporation	Beijing	Electrical Equipment	IV	2016, 2017
China Iron & Steel Research Institute Group	Beijing	Primary Metals	IV	2017
China National Petroleum Corporation (CNPC)	Beijing	Petroleum & Chemical Products	IV	2016, 2017
Commercial Aircraft Corporation of China, Ltd.	Shanghai	Aerospace	IV	2016, 2017
*Dongfang Electric Corporation	Sichuan	Electrical Equipment	IV
*Ecovacs	Jiangsu	Domestic Appliances	IV
*Edan Instruments, Inc.	Guangdong	Medical Devices	IV
ENN Group	Hebei	Petroleum & Chemical Products	IV	2017
*Fosun International Limited	Shanghai	General	IV
*JD.com, Inc.	Beijing	Media Internet	IV
Jiang Su Heng Rui Medicine Co.,Ltd.	Jiangsu	Pharmaceuticals	IV	2017
*OPPLE Lighting Co., Ltd	Shanghai	Auxiliary Power Equipment	IV	2016
Shandong Heavy Industry Group	Shandong	General and Special- purpose Machinery	IV	2016, 2017
Shanghai Automotive Industry Corporation (Group)	Shanghai	Automotive	IV	2016, 2017
*Shanghai United Imaging Healthcare Co., Ltd.	Shanghai	Medical Devices	IV
Shenhua Group	Beijing	Electric Power Generation & Supply	IV	2016, 2017
*Shenzhen BAK Battery Co., Ltd.	Guangdong	Consumer Electronics	IV	2016
Sinochem	Beijing	Petroleum & Chemical Products	IV	2016, 2017
Sinopec	Beijing	Petroleum & Chemical Products	IV	2016, 2017
*Sunny Optical Technology (Group) Co., Ltd	Zhejiang	Instruments and Devices	IV	2016
*Wanxiang Group Company	Zhejiang	General and Special- purpose Machinery	IV
Xuzhou Construction Machinery Group Co.,Ltd	Jiangsu	General and Special- purpose Machinery	IV	2016, 2017

SOURCE Clarivate Analytics

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