CNIPA: China holds over 4.8 million valid invention patents
According to the China National Intellectual Property Administration (CNIPA), China possesses more than 4.8 million valid invention patents, along with 45.1 million trademarks, as of September. CNIPA’s head, Shen Changyu, stated that China has solidified its status as a prominent intellectual property (IP) nation. He also highlighted China’s consistent top global ranking in international patent applications through the Patent Cooperation Treaty (PCT) for four consecutive years. Shen pointed out that patent-intensive industries contribute 12.44 percent to the GDP, and the copyright [...]