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RE: China's Ministry of Industry & Information Technology published Blockchain Ratings - STEEM is rated number 2!
To be honest I'm not really the person to answer your question. But more the one to ask further questions.
But let me say this. As expected Bitcoin does not dominate this list. I even guess it will be lower as they include more blockchains.
Steem scores really low for application. Is application synonym for Steemit? Or should I see that different?
Never a bad thing to answer more questions :-)
It all depends on what they are trying to rate here. I am not sure what it 'means' when you are number 1 or number 20. When criteria per theme are clear, unbiased and public we can actually say something about it. For me the value of this is only in the relative score on a theme basis, not the summed-up rankings.
Same with for instance something like Coingecko (https://www.coingecko.com/en). The overall score doesn't mean more that the score per theme.