BUSINESS China sees increased IP applications in 2019

BUSINESS

China sees increased IP applications in 2019

Xinhua

02:19, January 15, 2020

IP.jpeg

An employee introduces vacuum chamber components to visitors during the SEMICON China 2019 in Shanghai. (Photo: Xinhua)

BEIJING, Jan. 14 (Xinhua) -- The quality and efficiency of China's intellectual property (IP) services have been improved over the past year, according to data released by the National Intellectual Property Administration (NIPA) at a press conference Tuesday.

In 2019, more than 1.4 million invention patent applications were filed in China. A total of 453,000 invention patents were authorized, up 4.8 percent year-on-year.

Huawei Technologies Co., Ltd. had 4,510 invention patents authorized last year, ranking first on the Chinese mainland. SINOPEC ranked second with 2,883 authorized invention patents and smartphone maker Oppo based in Guangdong ranked third with 2,614.

By the end of last year, China had 13.3 invention patents per 10,000 people. There were 6.41 million trademarks registered last year, and the total number of effectively registered trademarks exceeded 25 million, with every 4.9 market entities owning one registered trademark on average.

While the numbers of patents and registered trademarks were on the rise, the period for high-value patents examination and the average time for trademark registration have been shortened, according to NIPA.

In 2019, the number of invention patent applications filed in China by foreign applicants reached 157,000, up 6 percent from the previous year; and the number of foreign trademark applications in China reached 255,000, an increase of 4.7 percent year-on-year.

Market entities from 186 countries and regions applied for patents and trademarks in China in 2019, an increase of 12 over the previous year.

This continued growth of foreign IP applications shows the confidence of foreign investors in the Chinese market as well as China's progress in IP protection and business environment, said Ge Shu, a senior official with the NIPA.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue