China set record number of patent applications in 2014, topping US and Japan combined

(From AP)

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

 



Categories: Asia Unhedged, China, Japan

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