43.42% YoY increase in invention patents granted in China's first four months of 2023, reaching over 362,000 patents.
China saw a 43.42% YoY increase in invention patents granted in the first four months of 2023, with over 362,000 patents issued. Enterprise patents led the growth, while China owned around 4.02 million domestic valid invention patents by the end of 2023, making it the first country to hold over 4 million valid domestic invention patents. High-value patents accounted for over 40% of the total.
May 22, 2024
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