China ranked first for global application volume of patents, trademarks and industrial designs last year according to World Intellectual Property Indicators 2018 released by the World Intellectual Property Organization on December 3. In 2017, China's IP office received a record-high patent applications, which stood at 1.38 million, followed by its counterparts in the United States (606,956), Japan (318,479), South Korea (204,775) and the European Patent Office (166,585).
Source: Chinadaily
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