China approved about 700,000 patents for inventions last year, a 30 per cent increase compared to a year earlier, according to the China National Intellectual Property Administration.
Administration head Shen Changyu said on Sunday that a total of 696,000 invention patents were authorised in 2021, an average of 7.5 of high-value patents per 10,000, or nearly double the ratio for 2017.
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