Chinese patent applications surge 45% in 2016

World Intellectual Property Organization recently published 2016 Report on Global Patent Cooperation Treaty (PCT) international patent application. The report shows that PCT international patent applications from China reached 43,100, surging 45% over the previous year, ranking third behind the United States (56,000) and Japan (45,000).

From the number of applications point of view, the distance between China and Japan is already very close, while China maintained a higher growth rate. The World Intellectual Property Organization predicts that China will surpass Japan this year, surpassing the United States in two years, ranking first in the world.

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