China saw a decrease in applications for invention patents and trademark registration during the first six months of 2019. The number of invention patent applications reached 649,000, down 9.4 percent year-on-year, and trademark filings numbered 3.44 million, a decrease of 4.1 percent over the same period last year.

Though the applications saw a decrease, a total of 238,000 invention patents were granted from January to June, an increase of 9.9 percent year-on-year, and the number of new trademarks surpassed 3.5 million during the same period, up 67.8 percent. 229 geographical indication trademarks were granted and 116 companies were authorized to use GI products.

Also during the six-month period, the CNIPA accepted 24,000 international patent filings via the Patent Cooperation Treaty, up 4.9 percent year-on-year. Foreign applications for Chinese invention patents reached 78,000, up 8.6 percent year-on-year; foreign trademark filings in China numbered 127,000, which was a 15.4 percent increase over the same period last year.

In addition, projects involving patent-collateralized loans reported an increase of 33 percent year-on-year. Of these, projects with loans worth less than 10 million yuan ($1.45 million) accounted for 68.6 percent.

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