Chinese firms get 169,000 patents in 2010
Beijing |Sunday, 2010 3:05:20 PM IST
 

China's top 500 research and development firms have got 169,000 patents for their innovations in 2010, up 13.3 percent from last year, the China Enterprise Confederation (CEC) has said.

Among the top 500 companies, 41 had more than 1,000 patents, while 36 companies owned more than 200 patents for innovations, Xinhua reported citing the CEC report.

Each of the firms allocated, on average, 775 million yuan ($113.93 million) into research and development, an increase of 14.4 percent from 2009 and accounting for 1.4 percent of their total revenues, the CEC said.

Seventeen companies spent more than five percent of their revenues on research, while another 60 enterprises invested from five to 10 percent of their revenues.

In 2009, China filed 7,946 international patents, up 29.7 percent from 2008, and ranked fifth in the world, according to the World Intellectual Property Organisation (WIPO).

hv

( 155 Words)

2010-09-05-07:24:44 (IANS)

 

Viewer's Comment Comments Not Available

More Stories

14 students of city college arrested for Bus Day ruckus 

ST Johns Group start new Oublic School 

Youth arrested for raping 5-year-old dalit girl in UP 

47 % crorepatis in fourth phase of UP polls 

India to send special envoy to Maldives 

India, EU sign pact on Statistical Co-Operation  

Clear govt's stand on Batla House encounter: BJP tells PM 

Europe's recovery vital for global economy: PM 

Printer Friendly Version