Advanced technologies now account for 1 in 6 valid invention patents in China

Advanced technologies such as artificial intelligence, cloud computing, and big data now account for 16.5% of China's total valid invention patents, or roughly one in six, according to the China National Intellectual Property Administration. The agency's spokesman Rui Wenbiao said the accelerated accumulation of patents in cutting-edge sectors is empowering new drivers of economic growth, as China's stock of high-value invention patents reached 2.36 million, or 16.8 per 10,000 people.

Advanced technologies now account for 1 in 6 valid invention patents in China Hi-tech manufacturing and digital industries such as AI have emerged as key drivers of economic growth Xinyi Wu /author/xinyi-wu in Beijing Advanced technologies now account for around one in every six valid invention patents in China, according to official data. artificial intelligence https://www.scmp.com/topics/artificial-intelligence?module=inline&pgtype=article , cloud computing and big data made up 16.5 per cent of the country’s total valid patents, the China National Intellectual Property Administration said on Wednesday. “The accelerated accumulation of patents in cutting-edge sectors is empowering and enhancing the creation of new drivers of economic growth,” administration spokesman Rui Wenbiao said at a press conference in Beijing. China’s stock of “high-value invention patents” – which included patents in the advanced technology and new energy sectors, award-winning patents, and patent families with overseas extensions – now stood at 2.36 million, or 16.8 per 10,000 people, he said. Hi-tech manufacturing and digital industries such as AI have emerged as key drivers of economic growth in China, even as the wider economy struggles with a prolonged property downturn and weak domestic demand. World Intellectual Property Organization https://www.scmp.com/topics/world-intellectual-property-organisation?module=inline&pgtype=article WIPO this month.