Mr. Daren Tang, Director-General of WIPO sent a congratulatory message to the first International Science, Technology and Innovation Forum

The first International Science, Technology and Innovation Forum of Boao Forum for Asia opened in Macau on November 10. Mr. Daren Tang, Director General of WIPO sent a congratulatory message to this conference.

Mr. Tang noted that according to the newly launched Global Innovation Index (GII) 2020 by WIPO, there is a gradual eastward shift in the cluster of innovation as a group of Asian economies - notably China, India, the Philippines and Viet Nam - have advanced considerably in the innovation ranking over the years. In particular, Asia-based applicants accounted for more than half of PCT applications filed in 2019. Asia is moving towards the centre of innovation and creation.

Mr. Tang pointed out that China retains the l4th place, having climbed to the GII top 15 last year, establishing itself as an innovation leader as the only middle-income economy in the GII top 30 for many years. China ranks high in important metrics including patents, utility models, trademarks, industrial designs and quality of higher education, hosting 17 of the top science and technology clusters worldwide - with Shenzhen-Hong Kong-Guangzhou taking the 2nd place, to which the Guangdong-Hong Kong-Macau Greater Bay Area, has brought valuable opportunities and innovation resources.

WIPO sees great future in China’s development of innovation, and is confident that China’s strategy of building an innovation-driven economy and commitment to enhance IP protection will bring new impetus to China’s IP undertakings and the cooperation with WIPO.

Amid a new round of scientific and technological revolution, innovation and creativity have increasingly become the primary driving force for the development of all countries in the world. It is worth noting that, the role of scientific and technological innovation in curbing the spreading of the COVID-19 pandemic has shown its incomparable strength. As an indispensable component of the innovation ecosystem, IP is playing a more and more important role in stimulating scientific and technological innovation as well as promoting economic recovery.