China breaks world record for number of patent applications
China has set a world record for the number of patent applications submitted in one country within a year.
It was the first nation to see over a million patent applications filed last year, the Geneva-based World Intellectual Property Organisation said in a report.
Some 1,010,864 applications were submitted in China in 2015, more than a third of the filings made around the world, according to the report.
Many of the filings were for innovations in telecoms, computing, semiconductors and medical technology.
The number of patents filed on the mainland was larger than the next three countries – the US, Japan and South Korea – combined.
The submissions in China increased by 18.7 per cent compared with 2014.
The figures includes applications from inventors or organisations within China, plus foreigners seeking patent protection on the mainland… see more
You may be interested
Woman smashes US astronaut record and eagerly looks for the flight to MarsNewsmaster - Apr 24, 2017
Astronaut Peggy Whitson broke the US record Monday for most time in space and talked up Mars during a congratulatory…
Looking into The Future: Elements of Change in the Housing MarketNewsmaster - Apr 24, 2017
The American dream has always been homeownership. Homeownership provides stability and a sense of pride. For many years the dream…
Centrist Macron, far-right Le Pen advance to French presidential runoffNewsmaster - Apr 23, 2017
PARIS — Centrist former economy minister Emmanuel Macron and far-right nationalist Marine Le Pen will advance to the May 7…