Chinese get modest foothold in Boston Consulting Group innovation survey

Tencent logoThree Chinese companies appear in the Boston Consulting Group’s 10th annual global survey of the 50 most innovative companies in the world that was published yesterday.
Chinese online media company Tencent is twelfth , with Huawei and Lenovo at 45 and 50 respectively in survey topped by Apple, Google, and Tesla Motors.
Although that is three more than there were ten years ago, analysts are surprised there is not a greater Chinese presence. “The rate of innovation of Chinese companies is increasing, and the perception of their innovation is increasing,” the report’s co-author Andrew Taylor said, “but with a lag.” The list includes 29 companies from the United States, 11 from Europe, and 10 from Asia. 

1 Apple
2 Google
3 Tesla Motors
4 Microsoft Corp.
5 Samsung Group
6 Toyota
7 BMW
8 Gilead Sciences
9 Amazon
10 Daimler
11 Bayer
12 Tencent
13 IBM
14 SoftBank
15 Fast Retailing
16 Yahoo!
17 Blogen
18 The Walt Disney Company
19 Marriott International
20 Johnson & Johnson
21 Netflix
22 AXA
23 Hewlett-Packard
24 Amgen
25 Allianz
26 Tata Motors
27 General Electric
28 Facebook
29 BASF
30 Siemens
31 Cisco Systems
32 Dow Chemical Company
33 Renault
34 Fidelity Investments
35 Volkswagen
36 Visa
37 Dupont
38 Hitachi
39 Roche
40 3M
41 NEC
42 Medtronic
43 JPMorgan Chase
44 Pfizer
45 Huawei
46 Nike
47 BT Group
48 MasterCard
49 Salesforce.com
50 Lenovo
Source: xinhuanet