In 2022, a total of 798,000 invention patents were authorized. By the end of 2022, the total number of valid invention patents in China had reached 4.21 million, of which 3.28 million were held by inventors from Chinese mainland, said Hu Wenhui, deputy head of the National Intellectual Property Administration, at a press conference.
The official said that China is the first country in the world to hold more than 3 million valid invention patents.
The latest World Intellectual Property Indicators report released by the World Intellectual Property Organization also shows that China ranks top in the world in terms of the number of valid invention patents, Hu added.
According to the official, China saw more enterprises applying for patents over the past year, demonstrating the growing innovative dynamism of Chinese enterprises. By the end of 2022, 355,000 Chinese companies had valid invention patents, an increase of 57,000 over the previous year.
The driving force in the growth of China’s valid invention