China's economy harvests prosperity in golden autumn

By Ma Qing | chinadaily.com.cn | Updated: 2023-10-19 06:40
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Visitors look at an autonomous vehicle at the 13th China International Patent Fair in Dalian, Liaoning province on Oct 14, 2023. [Photo/VCG]

The 13th China International Patent Fair, held in Dalian, Liaoning province from Oct 14 to 16, featured the participation of over 2,400 patent projects.

The event focused on the intellectual property achievements guiding industry digital transformation and valuable patent technologies and products in related fields.

From 2016 to 2022, China's core industries in the digital economy saw an average annual growth rate of 18 percent in granted invention patents.

By the end of 2022, the total number of granted invention patents in China's core digital economy industries had reached 1.6 million, accounting for 38 percent of the total granted invention patents.

These patents have played a vital role in the progress of digital transformation within the industry.

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