China’s 100 Most Innovative Companies in 2016 Span 23 Industries with Automotive, Domestic Appliances, Electric Power Generation & Supply Sectors Leading the Way

Key findings by Clarivate Analytics show good mix of state-owned and private enterprises

BEIJING, 8 December 2016 – China’s most innovative companies in 2016 have been identified in the 2016 Top 100 Chinese Innovators reportlaunched today byClarivate Analytics, formerly the Intellectual Property Science business of Thomson Reuters. The inaugural report focuses on China’s 100 most innovative enterprises, which cross 23 different industries.Most companies are from the automotive, domestic appliances and electric power generation and supply sectors.

This report created by Clarivate Analytics is based on rigorous analysis of four main criteria comprising patent volume, patent-grant success rate, invention influence (as evidenced by citations to an organization’s patents over the most recent five years)and global reach– essentially 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 and Macao.

Here are some of the report’s key findings:

  • China’smost innovative companies span 23 different fields and industries, ranging from Primary Metals and Electricity, to Telecom Services and Media Internet. Automotive is the most innovative industry with automakers who invest R&D in not only traditional family cars, commercial and engineering vehicles, but also technologies for the future such as eco-friendly vehicles andself-driving cars. These innovative automakers include large state-owned-enterprises (SOEs) such as Dongfeng Motor Corporation and Beijing Automotive Group Co., Ltd., as well as rising private enterprises including BYD and Great Wall Motors.
  • The Domestic Appliances and Electrical Equipment and Electric Power Generation and Supply sectors follow closely behind the automobile industry with eight companies each onthe list.Chinese domestic appliance manufacturers include household names Midea, Haier, Gree and TCL.In the electric power industry, most of the corporations are SOEs with advantages in capital and human resources, leading to high innovation capability. The remaining two private enterprises, Trina Solar and Hanergy Holding Group Ltd., are rising stars in the market.
  • There are five Media Internet companies in the list. Baidu, Alibaba and Tencent, the three industry giants collectively known in China as “BAT”, are all leading companies in terms of global reach, and they represent the Chinese internet to the world. The internet has been instrumental in bridging communication across borders and Chinese Media Internet companies are expected to build on this momentum and continue to innovate.
  • Only 15 of the total 31 provinces of China are represented in the list, indicating that innovative Chinese companies are concentrated in the eastern region of the country, largely north China, east China and mid-south China. A total of 43 companies, or almost half of the top 100 Chinese innovators listed are headquartered in Beijing, China’s capital, clearly the innovation forerunner in mainland China. The municipal government had fully implemented the “Science & Technology Beijing” strategy as early as the “12th FYP” or “12th Five-Year Plans” period of Beijing. By utilizing the Zhong Guan Cun National Demonstration Zone for Independent Innovation, the government provided institutional and policy guidance for core elements of innovation such as talent, capital and technology, and created the mechanism to encourage and sustain innovation. One can see that policy support and healthy economicconditions in China play a key role in the innovation development of domestic enterprises.
  • Globalization analysis clearly shows that mainland Chinese enterprises are inclined to focus on protecting innovation in the domestic market. Notable exceptions to this include Huaweiwith filings across 16 countries and Alibaba with filings across 11 international regions.The influence metric measures the external influence of an organization’s innovation.The top 20 companies ranked according to this metric are from 14 different industries including traditional industries such as Construction and Petroleum andChemical Products.However, no clear trend has emerged yetdespite the presence of organizations from 14 of the 23 industry sectors in this Top 20 list.

The 13th FYP adopted by China on Mar 15, 2016 defined innovationas one of the Five Concepts of Development. The Chinese government has also stated clearly its intent to “strengthen the main body of innovation, lead innovation development and foster world-class innovative enterprises”in its National Strategic Framework for Innovation-Driven Development.

“As the world’s second largest economy after the US and the largest commodity exporter, China is now transforming itself from ‘the world’s factory’ to becoming an innovation leader committed to rejuvenating the global economy. China’s national globalization strategy will become the new modus operandi for domestic enterprises, making independent technological innovation the decisive factor for competitiveness,” said Linda Guo, managing director of China forClarivate Analytics. “The Top 100 Chinese Innovators 2016 have not only demonstrated their dedication to constant innovation, but also the inherent potential of Chinese enterprises to become more competitive internationally. At Clarivate, we have a long tradition of helping our customers accelerate the pace of innovation with our trusted insights and analytics.”

The report used patent information and data collected from theDerwent World Patents Index and Derwent Patents Citation Index between 2011 and 2015. The report is available for download here.

Clarivate Analytics Top 100 Chinese Innovators 2016

(Listedin alphabetical order)

Organization / Province/City / Industry
AAC Technologies Holdings Inc / Guangdong / Consumer Electronics
Alibaba Group Holding Limited / Zhejiang / Media Internet
Aluminum Corporation of China Limited / Beijing / Primary Metals
Anhui Jianghuai Automobile Co.,Ltd / Anhui / Automotive
Anshan Iron & Steel Group Corporation / Liaoning / Primary Metals
Aviation Industry Corporation of China / Beijing / Aerospace
Baidu / Beijing / Media Internet
Baosteel / Shanghai / Primary Metals
Beijing Automotive Group Co., Ltd. / Beijing / Automotive
Beijing Electronics Holding Co., Ltd. / Beijing / Electronic Components
Broad-ocean / Guangdong / Electrical Equipment
BYD / Guangdong / Automotive
Chery Holdings / Anhui / Automotive
China Aerospace Science & Industry Corp. / Beijing / Aerospace
China Aerospace Science and Technology Corporation / Beijing / Aerospace
CHINA BAK BATTERY, INC. / Guangdong / Consumer Electronics
China Electronics Corporation / Beijing / Electronic Components
China Electronics Technology Group Corporation / Beijing / Communications Equipment
China General Nuclear Power Group / Guangdong / Electric Power Generation & Supply
China Guodian Corporation / Beijing / Electrical Equipment
China International Marine Containers (Group) Co., Ltd. / Guangdong / Other Transport Equipment
China Lesso Group Holdings Limited / Guangdong / Non-metallic Materials
China Metallurgical Group Corporation / Beijing / Primary Metals
China Mobile / Beijing / Telecom Services
China National Building Materials Group Corporation / Beijing / Non-metallic Materials
China National Chemical Corporation (ChemChina) / Beijing / Petroleum & chemical products
China National Machinery Industry Corporation / Beijing / General and Special-purpose Machinery
China National Materials Group Corporation Ltd. / Beijing / Non-metallic Materials
China National Nuclear Corporation / Beijing / Electric Power Generation & Supply
China National Offshore Oil Corporation / Beijing / Petroleum & chemical products
China National Petroleum Corporation(CNPC) / Beijing / Petroleum & chemical products
China North Industries Group Corporation / Beijing / General and Special-purpose Machinery
China Railway Construction Corporation / Beijing / Construction
China Railway Engineering Corporation / Beijing / Construction
China Resources (Holdings) Co., Ltd / Beijing / General
China Shipbuilding Industry Corporation / Beijing / Other Transport Equipment
China South Industries Group Corporation / Beijing / General and Special-purpose Machinery
China Southern Power Grid Co., Ltd. / Guangdong / Electric Power Generation & Supply
China State Construction Engineering Corporation / Beijing / Construction
China XD Group / Shanxi / Electrical Equipment
CHINT Group Corp. / Zhejiang / Auxiliary Power Equipment
Chongqing Lifan Holdings Co., Ltd / Chongqing / Automotive
Chongqing Runze Pharmaceutical Co., Ltd / Chongqing / Medical Devices
Commercial Aircraft Corporation of China, Ltd. / Shanghai / Aerospace
Coolpad Group Limited / Guangdong / Consumer Electronics
CRRC Corporation Limited / Beijing / Other Transport Equipment
Datang Telecom Technology & Industry / Beijing / Communications Equipment
Dongfeng Motor Coporation / Hubei / Automotive
Founder / Beijing / Computer Software
Geely / Zhejiang / Automotive
General Research Institute For Nonferrous Metals / Beijing / Primary Metals
Goertek Inc. / Shandong / Consumer Electronics
Goodbaby / Jiangsu / Consumer Goods
Great Wall Motors / Heibei / Automotive
Gree / Guangdong / Domestic Appliances
Guangzhou Radio Group / Guangdong / Communications Equipment
Haier / Shandong / Domestic Appliances
Haiyangwang Lighting Technology Co Ltd / Guangdong / Auxiliary Power Equipment
Hanergy Holding Group Ltd. / Beijing / Electric Power Generation & Supply
Hanvon Technology Co.,Ltd / Beijing / Computer Software
Hisense / Shandong / Domestic Appliances
Huahong Group / Shanghai / Electronic Components
Huawei / Guangdong / Communications Equipment
INSPUR / Shandong / Computer Hardware
KingClean Electric Co.,ltd / Jiangsu / Domestic Appliances
Kingfa Sci. & Tech. Co., Ltd. / Guangdong / Non-metallic Materials
Konka Group Co.,Ltd / Guangdong / Domestic Appliances
Legend Holdings / Beijing / Computer Hardware
Mesnac Co., Ltd. / Shandong / Computer Software
MIDEA / Guangdong / Domestic Appliances
O-FILM / Guangdong / Electronic Components
Opple / Guangdong / Auxiliary Power Equipment
Print-Rite Holdings Limited. / Guangdong / Consumer Goods
Qihoo 360 Technology Co.,Ltd / Beijing / Media Internet
SANY / Hunan / General and Special-purpose Machinery
Semiconductor Manufacturing International Corporation (SMIC) / Shanghai / Electronic Components
Shandong Heavy Industry Group / Shandong / General and Special-purpose Machinery
Shanghai Automotive Industry Corporation (Group) / Shanghai / Automotive
Shanghai Electric / Shanghai / Electrical Equipment
Shanghai Huali Microelectronics Corporation / Shanghai / Electronic Components
Shenhua Group / Beijing / Electric Power Generation & Supply
Shougang Group / Beijing / Primary Metals
Sichuan Changhong Electronics Holding Group Co., Ltd / Sichuan / Domestic Appliances
SINOCHEM / Beijing / Petroleum & chemical products
Sinopec / Beijing / Petroleum & chemical products
State Grid Corporation of China / Beijing / Electric Power Generation & Supply
State Power Investment Corporation / Beijing / Electric Power Generation & Supply
Sunny Optical Technology (Group) Company Limited / Zhejiang / Instruments and Devices
TCL / Guangdong / Domestic Appliances
Tencent / Guangdong / Media Internet
Trina Solar / Jiangsu / Electric Power Generation & Supply
Tsinghua Tongfang / Beijing / Computer Software
Tsinghua Unigroup / Beijing / Computer Software
Wuhan Iron and Steel (Group) Corp. / Hubei / Primary Metals
Wuhan Research Institute of Post and Telecommunications / Hubei / Communications Equipment
XIAOMI TECHNOLOGY CO., LTD. / Beijing / Media Internet
Xuzhou Construction Machinery Group Co.,Ltd / Jiangsu / General and Special-purpose Machinery
Yutong / Henan / Automotive
Zoomlion Heavy Industry Science and Technology / Hunan / General and Special-purpose Machinery
ZTE / Guangdong / Communications Equipment

Note: A merger plan between Wuhan Iron and Steel (Group) Corp. and Baosteel was announced in September 2016 and was recently approved by government authorities. However, nosuch condition existed during the period covered by the data used in the report so the two entities were viewed as separate.

About Clarivate Analytics
ClarivateTM Analytics accelerates the pace of innovation by providing trusted insights and analytics to customers around the world, enabling them to discover, protect and commercialize new ideas faster. Formerly the Intellectual Property and Science business of Thomson Reuters, we own and operate a collection of leading subscription-based businesses focused on scientific and academic research, patent analytics and regulatory standards, pharmaceutical and biotech intelligence, trademark protection, domain brand protection and intellectual property management. ClarivateTM Analytics is now an independent company with over 4,000 employees, operating in 100 countries and owns well‐known brands that include Web of Science™, Cortellis™, Thomson Innovation™, Derwent World Patents Index™, Thomson CompuMark™, MarkMonitor®, Thomson IP Manager™ and Techstreet™, among others. For more information, please visit us at Clarivate.com.

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