The Granted Number of China’s Invention Patents Decreased Significantly

Public data show that the number of granted China’s invention patents decreased significantly in recent September and October months, compared with the past August and September.

A total of 29,542 of granted invention patents were publicized in September which amount only to the 39.45% of the 74,891 which were published in August. Then again the total of granted patents in October dropped to 16,139, accounting for only the 54.63% of the number published in September. In total, the number of granted invention patents in October decreased of 20% in comparison to the ones published in August.

The growth rate of China’s domestic invention granted patents in the first 7 months of 2016 reached 49.5% if compared to the same period of last year, according to earlier reports.

We believe that, it is relatively normal that the growth gradually tends to stabilize itself after a high rate growth during a short period of time. However, the number of granted invention patents has dropped steeply in recent months, it seems that there are some issues is some areas that need reconsideration. If those issues were to be addressed properly, it is expected that such a significant fluctuation would not happen again in the near future.

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