Patents and Regulation Increasingly Crucial to China's Growth Abroad

2017/01/03

Throughout the process of going global, Chinese enterprises have increasingly emphasized intellectual property protection and adopted intellectual property strategies according to their own situations, said executives of some IP-intensive companies in Guangdong province.
China has become a major power in the world's IP sector, as the number of its patent applications reached 1.1 million last year, according to a recent report by the World Intellectual Property Organization.
This was the first time that a nation's patent filings surpassed the 1 million benchmark, said the report, adding that China had topped the WIPO ranking list of patent applications for five consecutive years.

Source: China Daily