Recently, the World Intellectual Property Organization (WIPO) released that the growth of Chinese overseas patent filings increased significantly in recent years, showing a positive sign of the quality of the invents and innovations in China.
According to the statistics, between 2000 and 2005, the average annual growth rate of overseas patent fillings reached 40 percent, and remained at 23 percent since 2005. Between 1970 and 2012 more than 80 percent of Chinese overseas patent applications were filed before the United States Patent and Trademark Office, the European Patent Office or the Japan Patent Office.
Study indicated that between 1970 and 2009 Chinese overseas patent applications in complex technologies rapidly increased and accounted for 75 percent of the total overseas applications since 2000. Specifically, between 2000 and 2009 the technology fields of digital communication, computer technology, nanotechnology, semiconductor and telecommunications were listed as the fastest growing fields.
As far as applicants were concerned, 70 percent were enterprises. This number doubled every ten years between 1970 and 2009, and the top ten applicants were all enterprises except Tsinghua University. Among all the applicants of overseas patent applications, only 6% were universities and research institutions.