China Maintains Growth In Number Of Invention Patents
Umer Jamshaid Published May 22, 2024 | 01:00 PM
BEIJING, (APP - UrduPoint / Pakistan Point News - 22nd May, 2024) The number of invention patents granted in China in the first four months of this year witnessed a year-on-year increase of 43.42 percent, the country's top intellectual property regulator said this week.
The latest patent data report by the China National Intellectual Property Administration revealed that over 362,000 invention patents were granted in China between January and April this year.
Enterprise patents constituted the majority and exhibited the highest year-on-year growth rate when compared to those obtained by universities, research institutions, and individuals.
China owned about 4.02 million domestic valid invention patents by the end of 2023, making it the first country in the world to hold over 4 million valid domestic invention patents.
High-value invention patents accounted for over 40 percent of the total, the administration said.
Recent Stories
Cricket: England v West Indies 3rd Test scoreboard
7 hours ago
Finance minister briefs Chinese officials on reform agenda, engagement with IMF
7 hours ago
Finland says Russian vessel violated its territorial waters
7 hours ago
Olympic opening ceremony under way on River Seine
7 hours ago
West Indies' treble strike rocks England in third Test
7 hours ago
Ukraine court orders detention of suspect in murder of nationalist ex-MP
7 hours ago
Long queues, ticketing problems ahead of Paris opening ceremony
7 hours ago
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
7 hours ago
Glowing tributes mark 69th birthday of President Zardari at Governor's House
7 hours ago
Players unaware of spying scandal as Canada Olympic coach sent home: official
7 hours ago
Naqvi hails Pak women cricketers for going down fighting against SL
7 hours ago
'Sabotage' on French rail network before Olympics: What we know
7 hours ago