Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, May 4
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»China files 1.8 million patents in 2024, retaining global No.1: WIPO report
    Property

    China files 1.8 million patents in 2024, retaining global No.1: WIPO report

    November 12, 20253 Mins Read


    World Intellectual Property Organization Photo: VCG

    World Intellectual Property Organization Photo: VCG

    China retained the top spot in global patent filings in 2024, with 1.8 million applications, accounting for nearly half of the global total. It also ranked first in the categories of utility models, designs, trademarks and plant variety filings, according to the latest intellectual property (IP) report released by the World Intellectual Property Organization (WIPO) on Wednesday local time.

    “China’s global leadership in patent filings resulted from sustained national innovation strategies, optimized innovation ecosystems, and accelerated industrial upgrading. These three factors work in synergy, driving systemic progress in science and technology,” Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, told the Global Times on Wednesday.

    In its annual World Intellectual Property Indicators report, the WIPO highlighted continued growth in global patent and industrial design filings in 2024. Global patent filings grew for the fifth straight year, hitting a record 3.7 million, up 4.9 percent year-on-year — the fastest year-on-year growth rate since 2018.

    China retained the lead with 1.8 million filings, up 9.3 percent year-on-year, the fifth consecutive year of increase and its fastest rate of growth since 2018. It was followed by the US with 501,831 filings and Japan with 419,132, while South Korea and Germany took the fourth and fifth spots, according to the report.

    There was a considerable change in individual shares from 2014 to 2024. China’s share of the global total rose from 34.6 percent in 2014 to 49.1 percent in 2024. In contrast, the shares of all other countries within the top five declined, the report said.

    China also took a huge share in utility model filings, accounting for 97.8 percent in 2024. For trademark filings, China took 47.9 percent of the global share, while taking 58.2 percent of patent applications for designs, the report showed. 

    Computer technology emerged as the most frequently featured technology in published patent applications worldwide, accounting for 13.2 percent of the total. It was followed by electrical machinery, measuring, measurement, digital communication, and medical technology – all ranking among the top five since 2012, although their relative positions have shifted over time, according to the report.

    For patents granted worldwide in 2024, China also took the lead and drove global strong growth. In 2024, an estimated 2.1 million patents were granted worldwide, up 5.2 percent from 2023. This strong growth rate was driven by a substantial increase in the number of patents issued by the IP office of China, said the WIPO.

    China issued about 124,000 additional patents in 2024 compared with 2023 – 27 times higher than the additional patents issued by the US. Since 2015, the IP office of China has issued the highest number of patents globally, surpassing the US, according to the report.

    “China has evolved from a mere technology recipient to a key player in the global innovation landscape,” said Wang.

    According to the National Bureau of Statistics, China’s total social investment in research and development (R&D) exceeded 3.6 trillion yuan ($505.6 billion) in 2024, rising 8.3 percent year-on-year and achieving stable growth. Preliminary estimates indicate that China’s R&D intensity reached 2.68 percent in 2024.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleEd Sheeran ‘boosts his vast property empire by snapping up two houses in a cosy seaside village to build a huge coastal home’
    Next Article More than 1.5m file local property tax returns, according to fresh data – The Irish Times

    Related Posts

    Property

    Alicante top holiday home destination for UK buyers

    May 3, 2026
    Property

    House prices nearly double UK average in West Oxfordshire

    May 3, 2026
    Property

    St Helens – Ryan Little property consultancy launches

    May 1, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    5 Fault Lines Poised to Shape Markets in the Year Ahead

    December 21, 2025
    Stock Market

    Asian stocks drift lower amid mixed Japan cues; Powell speech looms By Investing.com

    August 23, 2024
    Utilities

    Utilities Up on Defensive Bias — Utilities Roundup

    March 26, 2025
    What's Hot

    Bitcoin Price Hovers Near $100,000 As Market Awaits Moves

    November 6, 2025

    Soutenue par deux fils Trump | American Bitcoin va faire son entrée en Bourse

    May 12, 2025

    Dow, S&P 500, Nasdaq slip after record run as Tesla sinks with Trump tax bill in focus

    July 1, 2025
    Most Popular

    Not the 1970s: Why the Oil Shock Isn’t a Stagflation Replay — What It Signals

    March 13, 2026

    EUR/USD: Will Euro Extend its Bounce In-Line with History?

    September 4, 2025

    Institutional Real Estate, Inc. gibt die Übernahme des britischen Unternehmens Lyndon Publishing 2 Limited bekannt

    July 8, 2025
    Editor's Picks

    House prices up in September in spite of Budget property tax rumours

    October 1, 2025

    Morgan Stanley To Allow All Clients To Invest In Bitcoin, Ethereum, Solana

    October 12, 2025

    Télécharger Glary Utilities (gratuit) Windows

    January 16, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.