Особливості нарощування інноваційної потужності на прикладі Китаю

The article discusses several indices that help measure innovative initiatives in countries worldwide. More attention has been focused on China, as a country showing a tendency towards dynamic development and making the transition from an imitator country to an innovator country, creating competition for countries with strong innovation potential, such as the USA. Thus, according to the Global Innovation Index (GII) 2024, China took 11th place among 133 economies, and Ukraine took 60th place. In Ukraine, the value of GII during the studied period varied from 45 to 60, the worst value was in 2024. China's position in the ranking changed from 11th to 14th from 2020 to 2024. Despite the index decrease for China in 2023, it returned to 11th position in 2024. China is found to have significantly increased the value of the Innovation Index in 2021 compared to 2005, which is the baseline. Growth occurred in all components of the index. The largest is the «innovation environment index» component, which increased by 11,3%. Next, the innovation output index – by 10.6%; the innovation input index – by 4,4%; the innovation effectiveness index – by 2,8%. It was determined that all components of the Index of Drivers of China's Economic Growth also increased in 2023. The main positive trends were the innovation driven index – by 22,3%; the network economy index – by 22,1%; the transformation and upgrading index – by 16,3% and the economic vitality index – by 14,5%. It has been found that 17 Chinese companies are among the 100 companies with the largest R&D investments according to the 2023 EU Industrial R&D Investment Scoreboard. According to the structural distribution by industry, of these 17 companies, 5 belong to the Construction & Materials industry, 3 to the Software & Computer Services industry. For more two companies belong to the Technology Hardware & Equipment and Automobiles & Parts industries. Accordingly, the intensive development of innovative activity in China can serve as a useful example for Ukraine when developing an innovative strategy. At the same time, it is important to transfer experience accepting the peculiarities of innovative activity in Ukraine.