China's low-carbon patent applications increase 20% YoY, accounting for over half of global green invention patents.

China's green innovation accelerates with a 20% year-on-year increase in low-carbon patent applications, outpacing the global average, according to China National Intellectual Property Administration (CNIPA). In 2023, China accounted for over half of the world's total green and low-carbon invention patent applications, with the surge particularly noticeable in new-energy vehicles and solid-state battery sectors. Companies such as EV manufacturer NIO and Xiaomi have invested in research and development, contributing to China's dedication to sustainable development and a consumer market that values green consumption behaviors.

August 16, 2024
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