By Cao Yin | China Daily
China saw a stable growth of patents and trademarks granted to foreign entities in 2022, showing that its efforts to protect intellectual property have provided a sound business environment for foreign companies in the country, IP regulators said.
The number of valid invention patents China granted last year to foreign entities rose by 4.5 percent, compared with that in 2021, bringing the total to 861,000, Hu Wenhui, deputy head of the National Intellectual Property Administration, said on Monday.
Last year's patents involved 58,000 foreign entities, 2,000 more than the number in 2021, he said. The figure of valid trademarks registered by foreign enterprises in China increased by 5.9 percent year-on-year in 2022, bringing the total to 2.03 million, he added.
