China Tops Global Patent Filings

The recent World Intellectual Property Indicators report by WIPO shows that while the global economy continued to underperform, intellectual property (IP) filings worldwide kept growing strongly in 2011. According to the report, China received 526,000 invention patent applications, up 34.5%. China has surpassed the U.S. to become the largest patent filer in the world.

According to the report, SIPO overtook the United States Patent and Trademark Office (USPTO) in 2011 to become the largest patent office in the world, after having surpassed the Japan Patent Office (JPO) in 2010. China saw a 34.5% growth in invention patent filling in 2011, while China had the fastest-growing economy in 2011. In some developed countries, however, the invention patent fillings dropped by 5.4% in Europe, which the economic hardship in the area does this matter.

In fact, China also saw an increase in another important area. The invention patents saw an annual increase rate of 26.8% since 2001. SIPO granted 172,000 invention patents in 2011, 11 times of that in 2001. As of the end of September 2012, the number of valid invention patents hits 834,000, 444,000 of which were granted to Chinese users, accounting for 53.3% of the total, up 36.2%. The proportion increased by 20% compared to the early 11th Five Year Plan in 2006.

According to the report, the patent filings worldwide reached 2.14 million in 2011, up 7.8%, exceeding 7% growth for the second year in a row. In parallel, the patent grants worldwide also grew by 9.7% to nearly 1 million in 2011.