Beijing considers intellectual property to be a strategic resource for national development. Photo: Shutterstock
Chinese patents surpassed 3 million in 2022 as Beijing pursues innovation strategy
- In 2022, the total number of patents filed in China was 4.21 million, of which 3.28 million were held by inventors from mainland China
- Although it files more patents, China has struggled to convert its research and development spending into valuable and successful innovations
Beijing considers intellectual property to be a strategic resource for national development. Photo: Shutterstock