Chinese Taiwan has strong knowledge competitiveness

Edited and Translated by People's Daily Online

Beijing, Nov.15 (People's Daily Online) --Tokyo, Chinese Taiwan and Aichi have taken the top-three positions in the Asia-Pacific Knowledge Competitiveness Index for 2011, recently released by Shanghai Jiaotong University, while the Chinese mainland's Shanghai, Tianjin and Beijing ranked 18th, 21st and 22nd, respectively.

According to U.K.-based Centre for International Competitiveness, knowledge competitiveness refers to the power and ability to produce ideas, thoughts, programs and products through creations and innovations and turn them into economic value and wealth.

The index covers 33 regions under the two standards of strong economic power and rapid economic development, including 13 in China, nine in Japan, three in Australia, three in India and two in South Korea.

Eleven relatively developed regions on the Chinese mainland saw low and medium rankings in the index, which demonstrates a gap with other regions in terms of economic development level.