China Files for Nearly a Third of Patent Applications in the World

China Files for Nearly a Third of Patent Applications in the WorldChina has nearly a third of the world’s patent applications that was filed last year, and once again drove strong global growth even with a sharp decrease in filings of industrial designs. According to the United Nations around 2.7 million patent applications were filed worldwide, and increase of 4.5 percent marking the fifth consecutive annual hike.

China’s patent office has received that most filing almost a million applications, which outstrips the combined total of patents filed by United States and Japan. According to the World Intellectual Property Organization, its extraordinary for China to dole out such numbers as this show a massive buy in to the intellectual property system on the part of China proving that they are the number 1 users on the world. Last year, 10.2 million patents were in effect, with United States holding nearly a quarter of all patents in use globally, which is followed by Japan at 18.8 percent, and China as 11.7 percent. But China is moving fast as the patent office saw application numbers increased to 12.5 percent.

Compared to the European patent office that saw a 3.2 percent increase in filings while South Korea had a 2.8 percent increase, U.S. had a increase of 1.3 percent and Japan showed a 0.7 percent drop.

In comparison, the European patent office saw a 3.2percent rise in filings, its South Korean equivalent saw a 2.8 percent rise, and the United States a hike of 1.3 percent, while Japan registered a 0.7 percent drop.  In addition to the patents the World Intellectual Property Organization saw global trademark filings nearly doubled since 2000. Last year the total number of trademark classes that were specified in applications amounted to 7.45 million and increase of 6 percent from 2013 with china accounting a third of the applications.

Applications of industrial design fell for the first time in 20 years, decreasing by 8.1 percent or 1.14 million applications last year. the fall was due to the sharp decrease in filings by Chinese residents.

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