Beijing in league of 'innovative cities'

Municipality gaining in VC funding, patent filings, high-tech investments

Beijing has been included among the top global innovative centers, as the national economy undergoes growth toward higher value-added activities and new growth drivers, experts said.

The capital city ranks fourth in terms of innovation among all cities worldwide, following San Francisco, Tokyo and Singapore, according to a recent report by consultancy firm JLL. Shanghai and Shenzhen are the other Chinese cities in the top 20 list.