Innovation is lacking in patents, experts say
China is the world leader in annual patent applications, but is far from being an innovative country, experts said.
China received 825,000 invention patent applications in 2013, a 26.3 percent increase year-onyear, the State Intellectual Property Office said.
Growth in patent applications doesn’t suggest that China has joined world leaders as an innovation-oriented economy, experts said.
“In some major key areas we still heavily rely on foreign technologies without enough selfresearch and development,” said Tao Xinliang, director of Shanghai University’s IPR College. In the telecommunication industry, for example, the number of valid patents held by foreign entities is 10.8 times the number held by domestic companies.
Of about 2.3 million invention patent applications filed in China since 1990, 38 percent came from overseas entities, usually multinational corporations, and only 28 percent from domestic ones.