Chinas IP Progress Contributes To Economic Growth, International Cooperation

Just like many other fields, intellectual property (IP) development in China is currently undergoing a transition, seeing a greater focus on quality rather than a simple scale expansion. The latest efforts from China's top IP regulator were presented at a press conference on Monday, highlighting how this significant shift contributes to economic growth and international engagement.

Innovative growth

Shen Changyu, head of the CNIPA, noted the progress China has made in generating high-value IP, a key indicator of a country's innovation performance. With a population of 1.4 billion, China's ownership of high-value invention patents had climbed to 12.9 patents per 10,000 people by June this year, surpassing the national target set for the end of 2025.