Current location:Culture Cross news portal > business
China may overtake Japan in patent filings at EPO
Culture Cross news portal2024-05-09 07:30:02【business】3People have gathered around
IntroductionChina is likely to overtake Japan and become the third-largest patents filer at the European Patent
China is likely to overtake Japan and become the third-largest patents filer at the European Patent Office this year, according to an analyst.
This comes as Chinese companies show continued innovation prowess and embrace the international intellectual property system for IP protection.
The EPO's latest data showed that Chinese companies and inventors filed 20,735 patent applications in 2023, trailing Japan's 21,520 applications, Germany with 24,966 and the United States with 48,155.
Aidan Kendrick, chief business analyst at the EPO, told China Daily in an exclusive interview that patent applications from Chinese companies at the EPO grew by 8.8 percent year-on-year in 2023.
"It is always difficult to make forecasts, but if one were to extrapolate the trends of patent applications from China and the next higher-ranked countries, China could move up a spot to rank third already in 2024," Kendrick said.
According to him, the growth in 2023 is part of a trend as patent filings from China at the EPO have more than doubled over the past five years. Patent filings from Chinese companies and research institutes now account for more than a tenth of all applications at the EPO.
The main drivers for growth from China in 2023 were increases in filings in China's top two technical fields: electrical machinery, apparatus, energy (which includes battery technologies) and digital communication, including inventions related to mobile network technology, Kendrick said.
In the sub-field of battery technology, China has increased its share significantly in the past five years, and now accounts for 20 percent of all patent applications at the EPO.In 2023, three Chinese companies (CATL ranked No 2, Amperex 6th and BYD 8th) were among the top 10 applicants at the EPO for battery technology-related patent applications.
Meanwhile, patent applications from Chinese firms increased in organic fine chemistry; China National Chemical Corp was ranked No 5 in this technology field at the EPO in 2023 among all companies. Patent applications from China have also increased in several other fields, including medical technology with annual growth rate of 27.7 percent in 2023 and biotechnology with an annual growth rate of 23.7 percent.
"This shows that while Chinese companies are still highly specialized in key technologies, they are increasingly patenting in a diverse range of other fields, so innovation is taking place across key sectors," Kendrick said.
"The increased presence of Chinese companies across the leading technology fields in the latest Patent Index reflects their investments in R&D and their focus on high-growth technology sectors, from digital communication and electrical machinery to medical technology and biotechnology, and their interest in protecting their inventions on the European market," he added.
Specifically, Huawei has been the top applicant at the EPO in five of the past seven years; the company increased its filing in 2023 to more than 5,000 applications at the EPO. There are seven Chinese companies among the Top 50 applicants at the EPO including Huawei, ZTE, Contemporary Amperex, Oppo Mobile, Vivo Mobile, Xiaomi and Honor Device.
Asked about China's latest emphasis on nurturing new quality productive forces, Kendrick said the country has focused greatly on innovation and IP protection in recent years as a key factor for the growth of its economy.
"The country's remarkable growth in terms of patent applications shows that Chinese companies are increasingly protecting their inventions," Kendrick said.
According to him, the EPO has worked closely with the China National Intellectual Property Administration for nearly four decades to align and strengthen intellectual property protection in China and Europe in order to foster innovation, support bilateral trade and investment, and support Chinese and European innovators.
Address of this article:http://zimbabwe.cezaryphotography.com/news-14f699935.html
Very good!(1888)
Related articles
- Italy bars NGO migrant rescue flights from Sicilian airport, says they interfere with coast guard
- Innovative greening manifests China's environmental preservation drive
- Thailand to waive visa requirements for Chinese nationals
- Testimony in USC case before labor relations board administrative judge could be wrapping up
- The 10 worst cities to drive in the US are revealed
- New rules for Pregnant Workers Fairness Act include divisive accommodations for abortion
- The WEF’s chairman is still alive and well, despite claims online
- Harmonious echoes: China
- Trial begins for ex
- Scotland's Lewis Ferguson out of Euro 2024 after injuring knee while playing for Bologna
Popular articles
Recommended
Chinese leader Xi Jinping set to meet Serbian officials on the second leg of his Europe tour
Ukrainian president, senior NATO official meet on support for Kiev
Biden hosts Czech leader at White House to promote Ukraine aid amid holdup in Congress
Meghan Markle wore chic white Heidi Merrick gown design just months after her bestie and Suits co
UK Prime Minister Sunak suffers further blow as another Conservative lawmaker defects to Labour
Bautista Agut earns 399th tour
Man City star Jack Grealish reveals new night
Fiorentina fights back to draw with Genoa as both suffer from VAR decisions
Links
- Masters champ Scottie Scheffler posts a 63 and leads the RBC Heritage by 1 shot
- Ryan Garcia knocks Devin Haney down 3 times and hands his amateur rival his first pro loss
- Liz Jones' Diary: In which I 'flip the script' on worries about my house move and marriage
- Rapids use pair of own goals to beat Dallas 2
- Portland downs Dash 4
- Crawford works 6 solid innings and the Red Sox deal the struggling Pirates a 5th straight loss
- Taylor Swift takes 'secret swipe' at ex Joe Alwyn in Fortnight video
- Ingenious ways to escape boring conversations without appearing rude
- Simon Cowell reveals why he wears red
- Kimbrel gets 422nd save, Santander hits 3 doubles and Orioles beat Royals 9