China’s SMEs Boost Patent Innovation, Reports CNIPA
China’s SMEs are accelerating patent innovation and commercialization, with significant increases in independently developed inventions and industrialization rates, reports CNIPA.
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China’s SMEs are accelerating patent innovation and commercialization, with significant increases in independently developed inventions and industrialization rates, reports CNIPA.
China has accelerated its patent application review process, reducing the average examination time to 15.6 months. This move strengthens innovation protection and brings China closer to its 2025 goal.
China has taken proactive measures to address intellectual property concerns of foreign enterprises, ensuring equal protection for domestic and international innovators, according to a Chinese IP official.
China strengthens international IP protection efforts by establishing sub-centers and offering guidance to help domestic enterprises navigate overseas disputes.
China’s AI invention patents surged to 378,000 by end of 2023, growing over 40% year-on-year and outpacing global averages. This reflects the robust innovation in China’s digital economy and technological advancements.
China sees a significant increase in foreign patent holders as the country strengthens its intellectual property protection, reflecting growing confidence among international enterprises.