Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Sept. 11 (Xinhua) — China ranked first in the world in the number of patents issued for inventions in key sectors of the digital economy in 2024, with the growth rate significantly exceeding the global average, the State Intellectual Property Administration (SIPA) of China said on Thursday.
As noted by the department, the number of patents issued for inventions in these industries last year reached 500,000, which is 23.1 percent more than the year before.
The data was released at the 14th annual intellectual property conference held in the country, entitled “Intellectual Property in the Digital Age.”
The GUIS highlighted progress in the artificial intelligence (AI) industry, stating that China has become the world's leading country in terms of AI-related patents, accounting for 60 percent of the global total.
The SIUS also noted the growth in the number of international patents, noting that the number of overseas invention patents granted to key industries in China's digital economy increased from 21,000 in 2016 to 52,000 in 2024.
Meanwhile, the number of foreign-invested enterprises applying for invention patents in these industries in China has also been steadily increasing. As of the end of last year, 95 countries and regions had obtained valid invention patents in key industries of China's digital economy. The number of such patents accounted for 407,000, or 43.7 percent of the total valid invention patents held by foreign innovators in China.
“This fully demonstrates the confidence of foreign-invested enterprises in the future development of China’s digital economy,” concluded Shen Changyu, head of the State Information Security Administration. -0-
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