FX.co ★ Top-10 most innovative Chineese companies

Huawei Technologies Co. Ltd. is situated in the largest city of South China — Shenzhen. To date, Huawei is the second largest supplier of telecommunications equipment in the world. The annual expenditures of the company for research and development increased from $389 million in 2003 to $5,46 billion in 2013.

BYD Co. Ltd. manufactures not only automobiles, but also accumulator units and mobile phones. In 2013 the enterprise received a reward for achievements in the sphere of innovations and industrial design.

Gree Electric Appliances Inc. is the largest producer of air conditioners in the PRC. The company was founded 24 years ago and takes the leading positions in the production of air-conditioning units.

Semiconductor Manufacturing International Corporation (SMIC).

SMIC produces integrated microcircuits on technologies of 0.35 micron and 28 nanometers. SMIC is based in Shanghai, but has sales and service centers around the world.

Lenovo Group Ltd.

The company was founded 30 years ago and since then had been engaged in computer production, telephones and TV sets. In 2005 it bought IBM that enabled it to focus on innovative projects.

BOE Technology Group.

The prime product of the company is a variety of display panels. In 2014 BOE Technology Group filed 5,116 new applications for patents, taking one of the first places in its field.

ZTE Corp. is located in Shenzhen and plays a leading role in the global market of telecommunications equipment. In 2013 its achievements in the sphere of innovations were marked with two GTB Innovation Awards at once.

Geely Auto. The company situated in Hangzhou (East China) is included in top ten of the largest Chineese auto manufacturers, and possesses more than eight thousand patents including international ones.

Haier Group. In 2012 Haier Group became the first Chineese company in the top ten most innovative global enterprises according to The Boston Consulting Group. It produces a wide range of household appliances.

Foton Automobile. The enterprise is from the capital of China. It manufactures different motor vehicles – from minivans to trucks.