Chinese residents have 7,946 international patent applications

2010/06/25

In 2009, China accepted 315,000 international and domestic invention patent applications, the domestic applications of which accounting for 72.8%; the authorized invention patents were 128,000 pieces, the domestic authorizations of which accounting for 50.9%; the residents in China submitted 7,946 international patent applications, ranking the fifth in the world.

Vice Chairman of the Standing Committee of the National People's Congress Lu Yongxiang said, in order to enhance the abilities on intellectual property (IP) creation, application, management and protection, the central finance set up a special fund to give subsidy to the excellent domestic SMEs, units and scientific institutions which apply international patents, and a total of 1,146 international patent applications were supported in 2009 with 52.85 million yuan; actively carried out the work of IP pilot and model and boosted the industrialization of patent applications and so on.
                                                                                                Source: IPR in China