Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China sees increase in invention patent volume

April 25, 2022


Abstract : China has authorized more than 2.53 million invention patents over the past five years, with an average annual growth rate of 13.4 percent, according to the country's top intellectual property regulator Sunday.

BEIJING, April 24 (Xinhua) -- China has authorized more than 2.53 million invention patents over the past five years, with an average annual growth rate of 13.4 percent, according to the country's top intellectual property regulator Sunday.

More than 27.7 million trademarks were registered in the same period, an average annual increase of 29 percent, Shen Changyu, head of the China National Intellectual Property Administration said at a press conference.

In 2021, the country authorized 696,000 invention patents, with the average ownership of high-value invention patents reaching 7.5 per 10,000 people, nearly twice that at the end of 2017, Shen said.

He added that China also witnessed significant improvements in the efficiency of the use of intellectual property rights (IPR). The added value of patent-intensive industries reached 12.13 trillion yuan (about 1.88 trillion U.S. dollars), up 5.8 percent year on year, accounting for 11.97 percent of the country's GDP.

According to China's 15-year plan (2021-2035) for IPR development, a clear target has been set: the added value of patent-intensive industries should account for 13 percent of GDP by 2025.

China has been committed to promoting the orderly development of international IPR cooperation and competition. In 2021, Chinese companies filed 8,596 patent applications in countries along the Belt and Road, a year-on-year increase of 29.4 percent, while these countries in turn applied for 25,000 invention patents in China, Shen said.

Scan the QR code and push it to your mobile phone

Keyword: IPR invention patent

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial