China’s Patent-Intensive Industries Witness Phenomenal Growth: Added Value Soars to 15 Trillion Yuan in 2022
China’s commitment to fostering innovation and nurturing patent-intensive industries has yielded remarkable results, with the added value of these sectors reaching 15.3176 trillion yuan in 2022. This figure represents a notable 7.1 percent increase compared to the previous year, underscoring the nation’s steadfast dedication to driving economic growth through innovation. The latest statistics, released jointly by the China National Intellectual Property Administration (CNIPA) and the National Bureau of Statistics, shed light on the pivotal role of patent-intensive industries in [...]
