According to the data, the Chinese Patent Office accepted more than 1.1 million patent applications from domestic and foreign applicants in 2015, accounting for nearly 40% of the global total, exceeding the total of the United States, Japan and South Korea. China has become the first country to accept more than 1 million patent applications in a year; world intellectual property...
The data shows that the Chinese Patent Office accepted more than 1.1 million patent applications from domestic and foreign applicants in 2015, accounting for nearly 40% of the global total, exceeding the total of the United States, Japan and South Korea.
China has become the first country to accept more than 1 million patent applications in a year; the World Intellectual Property Organization (WIPO) says this record reflects the “extraordinary” level of innovation in the world's most populous country.
“(The Chinese) are making innovation a core part of their economic strategy,” said Francis Gurry, the director of the UN agency, at a briefing in Geneva.
While skeptics have long argued that Chinese patent data is distorted by country-driven application indicators, intellectual property lawyers argue that these data also reflect China's growing creativity.
“The Chinese government still wants people to apply for patents, and patent applicants receive explicit and implicit rewards,” said Erick Robinson, a patent attorney working in Beijing. “But the quality of patents in China is increasing at an alarming rate.”
According to the figures of the World Intellectual Property Organization, the National Intellectual Property Office of China accepted 1,110,864 patent applications from domestic and foreign applicants in 2015, accounting for nearly 40% of the global total, exceeding the sum of the United States, Japan and South Korea.
“We are once again seeing Asia becoming a major source of IP application activity,” Gao Rui added. He pointed out that Asian countries accepted more than 60% of patent applications worldwide last year.
“The Chinese government’s strategic policy encourages innovation,” said Zhang Xuemei of Beijing’s Zhengli Intellectual Property Institute (Janlea). “Chinese companies are also more aware of the importance of protecting intellectual property rights.”
Rorick mentioned WeChat, a social media platform developed by Tencent, an Internet group, calling it a model of Chinese innovation. “WeChat borrowed some features from many other apps, but it did better,” he said.
However, Yang Cosm, a patent attorney at Beijing Dacheng (Shanghai) Law Firm, points out that unlike the United States, China recognizes “utility model” patents, which are generally more readily available and have a shorter period of time to protect inventions than standard patents. “The cost of applying for patents in China is also much cheaper than in the US and Japan,” he said.
Given the speed with which Chinese court systems handle cases, China is also becoming a more attractive jurisdiction in dealing with patent infringement disputes. Companies whose intellectual property rights have been stolen can also apply for an injunction prohibiting infringers from selling in China's huge market or exporting from China – a heavy blow given China's central position in the global supply chain.
In overseas patent applications, US patent holders submit the most applications, followed by Japan and Germany. According to Gao Rui, this reflects the importance of trade and foreign investment to the American business community.
However, US President-elect Donald Trump has promised to withdraw from the Trans-Pacific Partnership Agreement (TPP) promoted by President Barack Obama, which would have made the United States 11 Other Pacific trading countries are more closely linked.
In addition, the World Intellectual Property Organization said that global trademark applications soared 16% last year to 5.9 million; global industrial design intellectual property applications rose 2.3% to 873,000. China is also ahead of the world in both areas.
Trump recently won a long-delayed trademark case with a Chinese construction services company registered with the Trump brand.

Aluminum Alloy Handle

Aluminum Alloy Handle,Aluminum Alloy Door Handle,Hardware Wire Drawing Handle,Interior Door Handle

Guangzhou Junpai Hardware Co., Ltd , https://www.junpaihardware.com

Posted on