The global PCT applications reached a new record level in 2007 and the increase rate of China’s PCT applications ranked the No.1 of the world, WIPO website reported recently.
Filing totally 5456 PCT applications in the past year, China rose to No.7 and was leading among the top 15 countries for the increase of 38.1% year-on-year, which shows China’s rapid improvement of innovation abilities and awareness of IP protection.
As the No. 4 and No. 53 PCT applicants among the global enterprises respectively, Huawei Technologies and ZTE Corporation together with other High-tech enterprises have undoubtedly made a great contribution to China’s PCT application’s increase. Currently, more and more Chinese enterprises are turning their eyes to the overseas market, paying more attention to the international IP protection, investing a huge sum of money in the research and development fields, and strengthening the cooperation with foreign advanced companies, so as to benefit from their patents.