The number of granted patents for inventions increased significantly in January-February 2024
In the first two months of this year, the number of invention patents granted in China rose 77.56 percent year-on-year, according to data from the State Intellectual Property Administration of the People's Republic of China.
According to the latest monthly report released by the aforementioned office, 152,258 invention patents were granted in China from January to February this year. Notably, corporate patents account for the majority and show the highest year-on-year growth rate compared to patents obtained by universities, research institutes and individuals.
The number of utility model patents and industrial design patents decreased compared to the same period last year, resulting in a 9.9 percent year-on-year decline in the total number of patents in these three categories.