The headquarter of the World Intellectual Property Organization (WIPO) is pictured in Geneva, Switzerland March 3, 2020. Picture taken March 3, 2020. REUTERS/Denis Balibouse
Asia Times: Patents: China knocks US out of top spot
The Asian powerhouse has become the word leader in international filings
China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said Tuesday.
A record 265,800 international patent applications were filed last year, a hike of 5.2% from 2018, the World Intellectual Property Organisation said in its annual report.
WIPO’s complex system of registering international patents involves multiple categories.
In the main category – the Patent Cooperation Treaty, or PCT – China topped the ranking for the first time, with 58,990 applications.
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More News On China Moving Ahead Of The U.S. As The World's Top Patent Filer
China becomes top filer of int'l patents in 2019: WIPO -- Xinhuanet
China becomes world’s top patent filer after four decades with US on top -- SCMP/AFP
In a first, China knocks U.S. from top spot in global patent race -- Reuters
China becomes world's top patent filer: UN -- CNA