Chinese patenting applications surged 45 per cent in 2016, according to the World Intellectual Property Organisation, putting the country on track to overtake Japan and the US to become the largest user of the international patent system within two years.
ZTE and Huawei, two of China’s largest telecoms and electronics companies, topped the 2016 rankings for corporate patenting compiled by the Geneva-based UN agency.
“China-based filers are behind much of the growth in international patent and trademark filings . . . as the country continues its journey from ‘Made in China’ to ‘Created in China’,” said Francis Gurry, Wipo director-general.
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