CHINA’S PATENT-INTENSIVE INDUSTRIES ACHIEVE REMARKABLE GROWTH

  • 9 Jan 2024
  • China
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The added value of China’s national patent-intensive industries in 2022, was 15.3176 trillion yuan, an increase of 7.1% over the previous year, as recently announced by the CNIPA and the National Bureau of Statistics.

The new equipment-manufacturing industry emerged as the largest, generating an added value of 4.1643 trillion yuan. This is closely followed by the information and communication technology-services industry, generating an added value of 4.1643 trillion yuan. Next comes the information and communication technology-manufacturing industry with an added value of 3.1818 trillion yuan.

In particular, the pharmaceutical and medical industry saw a decline of 16.8%, largely influenced by an exceptionally high baseline in 2021; nevertheless, when considering a two-year average growth rate compared to 2020, the industry maintained positive momentum with an increase of 8.3%.

Laura Gao
Laura Gao
Registration Practice Director
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