China Sees 18 pct Spike in Patent Applications in 2009

2010-01-31 13:09:00 (GMT) (Caymanmama.com - News Providers News)

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China Sees 18 pct Spike in Patent Applications in 2009

January 29, 2010 /EIN PRESSWIRE/ According to the State Intellectual Property Office (SIPO), China received nearly a million patent applications in 2009, up 18 percent from the previous year.

All but about 10 percent of the patents were domestic applications, which is a 22 percent increase from 2008. The SIPO says that China ranked fifth in the world in the application of the Patent Cooperation Treaty, a treaty that allows applicants to apply for a patent with many countries at once.

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