China submitted 18,700 patent applications under the Patent Cooperation Treaty (PCT) in the first eight months, 20 percent more than a year ago, encouraging signs for the country's promotion of creativity.
Shen Changyu, head of the State Intellectual Property Office (SIPC) attributed the increase to the government's strategy to boost innovation, saying favorable policies generated opportunities for inventors.
The SIPC received 21.8 percent more invention applications than a year ago in the same period, Shen said.
Creativity is the biggest resource for development in China, Premier Li Keqiang said in a speech at the Summer Davos forum last week. The government has reduced taxes, increased subsidies and cut red tape to encourage businesses and individuals to pursue innovation.
The PCT, concluded in 1970, is an international patent system that facilitates patent protection. By filing an application under the PCT, applicants can seek protection for their inventions in 148 countries across the world.
GMT 16:03 2018 Wednesday ,28 November
Executive Office of Arab Ministers of Communications starts in CairoGMT 09:09 2018 Thursday ,15 November
Syria, Iran discuss enhancing scientific cooperationGMT 09:53 2018 Wednesday ,07 November
Drones bring innovation to Africa, from Morocco to MalawiGMT 11:31 2018 Wednesday ,17 October
Japan high-tech fair CEATEC opens in ChibaGMT 14:03 2018 Monday ,08 October
American scientists awarded 2018 Prize in Economic SciencesGMT 07:35 2018 Monday ,08 October
First foreign space agency opens in Abu DhabiGMT 10:47 2018 Sunday ,07 October
Bahrain hosts World Robotics Olympiad2018GMT 09:20 2018 Thursday ,04 October
UAE participates in World Space WeekMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor