LOADING

Type to search

Mysteriously Rapid Increase of Chinese Patent Filings Addressed in US Government Report

China China Business & Economy Chinese Regime intellectual property patents

Mysteriously Rapid Increase of Chinese Patent Filings Addressed in US Government Report

Share

Non-market factors, such as government mandates and subsidies, caused a rapid increase in patent filings in and from China, according to a just-released report from the U.S. Patent and Trademark Office (USPTO). In 2019, 1.5 million utility patent applications and 7.8 million trademark applications were filed in China, accounting for nearly half of global totals. In the same year, China also knocked the United States from the top spot in international patent filing for the first time. Behind the rapid growing number of patent filings, the Chinese government, according to the report, plays a big role with government mandates and subsides of various types. The Chinese government establishes patenting targets for state-owned enterprises, universities, public research institutions, and even government officials. The report gives an example that “on March 11, 2020, China directed its 128 centrally owned enterprises to double their holdings of U.S. and other foreign patents by 2025.” …

Leave a Comment

Your email address will not be published. Required fields are marked *