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Patents: China knocks US out of top spot

China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said Tuesday.

A record 265,800 international patent applications were filed last year, a hike of 5.2% from 2018, the World Intellectual Property Organisation said in its annual report.

WIPO’s complex system of registering international patents involves multiple categories.

In the main category – the Patent Cooperation Treaty, or PCT – China topped the ranking for the first time, with 58,990 applications.

It thus overtook the United States, which filed 57,840 applications, and which has topped the PCT ranking since the system took effect in 1978.

China and the United States were followed by Japan, Germany and South Korea as the world’s top patent application filers, WIPO found.

“China’s rapid growth to become the top filer of international patent applications via WIPO underlines a long-term shift in the locus of innovation towards the East, with Asia-based applicants now accounting for more than half of all PCT applications,”  WIPO Director General Francis Gurry said in a statement.

WIPO’s report showed Asian-based applicants accounting for 52.4% of all filings, while Europe and North America accounted for less than a quarter each.

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