China Received Over 928,000 Invention Patent Applications in 2014

According to the data from SIPO, in 2014, China received 928,000 invention patent applications, with a year-on-year growth of 12.5%.Among them, 801,000 were from domestic, accounting for 86.3%; 127,000 were from abroad, accounting for 13.7%. Besides, 233,000 invention  patents were granted, up 12.3%. Among them, 163,000 were from domestic, accounting for 70.0%; 70,000 were from abroad, accounting for 30.0%.
　　
China's invention patent applications were increasing stablely in the past year. In 2014, the growth rate of patent applications was 12.5%, lower than the average rate of over 20%.
　　
In 2014, the growth rate of China's invention patent granted was 12.3%, higher than the average. It showed that China improved more and more in its patent examination capacity.

In 2014, applications of invention patents took up 39.3% in all the applications, exceeding that of utility model applications, 36.8%. It showed that China's innovation was improving and invention patents took more and more important place in China' s development.

In 2014, the percentages of domestic applications and granted patents were both increasing, respectively 86.3% and 70%.

Besides, enterprises filed more invention patent applications than other users. In 2014, Chinese enterprises filed 485,000 patent applications, accounting for 60.5% of the total, while 92,000 of them were granted, accounting for 56.4% of total granted invention patents, with a year-on-year increase of 1.5 %.

(Source:  China IP News)