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Wednesday, February 21, 2007

China Runs Fast in the Innovation. Applications to PCT Increased 56.8% in 2006

This is the lasted report from The World Intellectual Property Organization (WIPO) Patent Cooperation Treaty (PCT).

The patent application fillings from China jumped 56.8% to 3910 in 2006. China had the highest growth rate among the top 20 countries in the list. The increase made China No. 8 source of patent applcations in 2006, dislodging Switzerland and Sweden.

The numbers of application from 2002 to 2006 from China were 1,018, 1,295, 1,706, 2,493, 3,910. The fast growth trend is obvious. With increasing investment on R&D since late 1990s, China can keep the trend without doubt.

China's Huawei was 13th on the top 20 list worldwide in 2006, up 24 places from 2005.

According to the same report, another Asian giant country India made 627 applcations in 2006, decreased 7.66% from 2005. The numbers of application from 2003 to 2006 from India were 764, 724, 679, 627.

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