I would presume that the requirement is to conduct research which is both original, and shows something which wasn't known before you started the project. Of course, there are different levels of originality, and different values of new knowledge, but considering that the percentage of PhD students who publish in a top-rated journal such as Science or Nature (or their equivalents), or more sepcific but still hightly-rated journals, is certainly not 100%, it is clear that you don;t have to make a ground-breaking discovery.
Indeed, the PhD is research training - if you were able to get published in superb journals all the time, there'd be no point doing a PhD and subsequent training, would there?