From January to April, the number of patent applications on the Chinese mainland was 1.32 million, an increase of 5.7% year-on-year. Wherein, the number of patent applications in February dropped by 33.2% compared with the same period in 2019. But it rebounded quickly in March, with a year-on-year growth of 10.5%. In April, the growth rate accelerated to 15.7%.
An 8.1% increase in patent filings by domestic enterprises was observed in the first four months of 2020. Out of the 65,000 enterprises on the Chinese mainland that applied for invention patents, about 29,000 are in high-tech industries, accounting for 44.6%.
The number of patent filings by domestic pharmaceutical and medical enterprises grew faster still. Around 9,000 invention patents were filed between January and April, up 8.4% year-on-year and 9% points higher than the overall growth rate.
The new-generation information technology sector was also a driving force behind the growth. Its proportion to the total domestic filings of invention patents increased by 1.8% points during those four months, compared with the same period of 2019.
Telecommunication giant Huawei and internet company Tencent reported a 35.2% and 178.9% surge in invention patent applications, respectively.
http://english.ipraction.gov.cn/article/ns/202006/313753.html
AFD China Newsletter is intended to provide our clients and business partners information only. The information provided on the newsletter should not be considered as professional advice, and should not form the basis of any business decisions.