Now for some good news for once.
WIPO reported that China’s patent filing grew by a staggering 56.3% last year, putting China at #4 in the world, behind #1 US, #2 Japan, and barely behind #3 Germany.
2 of the top 4 companies by filing are Chinese, ZTE at #2 and Huawei at #4. Japan’s Panasonic is #1 and Qualcomm in US is #3.
Considering the average growth for total WIPO filing was only about 4% last year, that means, China’s significant growth last year was largely responsible for offsetting the decline of filing by the rest of the world.
Of course, I have no doubt the West will find this as another reason to fear China.
As for us, I hope we all have the good fortune to benefit from China’s continual growth and development.