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Intellectual Property: China surpasses U.S, Japan to Become Top Patent Filer

has surpassed the and to become the world’s top patent filer this year.

Reuters is reporting that patent applications from China are expected to reach nearly 500-thousand in 2015.

According to , Chinese companies have also been climbing in the rankings in terms of overseas .

Last year, China’s 2nd-largest equipment maker, ZTE, ranked second on the list of patent applicants, ranking just behind Japan’s Panasonic.

Huawei Technologies sits in fourth on the list

via China Tops U.S, Japan to Become Top Patent Filer.

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