An assembly of China's National People’s Congress last year approved an outline of the country's Twelfth Five-Year Plan for National Economic and Social Development.
The latest patent application statistics from China’s State Intellectual Property Office (SIPO) reveal that the number of patent applications that were filed in the first 10 months of 2011 surpassed those of the whole of 2010.
Up to the end of October 2011, the office had received 1,238,588 patent applications in comparison with 2010’s total of 1,222,286. As for invention patent (regular patent) applications, in the first 10 months of 2011 SIPO received 394,740 applications in comparison with 2010’s total of 391,177.
A report released by Thomson Reuters predicts that China will overtake the US and Japan to become the world’s largest filer of patents in 2011. However, it also notes that Chinese applicants are not as active when filing patent applications overseas. Only 5.6 percent of Chinese patent applications are filed overseas, compared to 48.8 percent of US applications and 38.7 percent of Japanese applications.
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China, SIPO, patent, trademark, filings, five-year plan