The World Intellectual Property Organization said Monday that China cranked out patent applications at a record pace last year.
In a numbers- and graphs-rich survey that’s aimed at pinpointing the state of play worldwide in patents and trademarks, as well as more specific areas like industrial design and “plant variety” applications, the Geneva-based body said China’s patents increased by 12.5 percent in 2014 to 928,000. China’s total outstripped the combined total emanating from the U.S. and Japan.
At a news conference timed for the presentation of the annual “World Intellectual Property Indicators” report, WIPO Director-General Francis Gurry marveled at China’s “extraordinary” numbers.
He noted strategic decisions by Chinese leaders supporting patent applications in areas like telecommunications and solar power. Read more