China Becomes One of the Top 5 U.S. Patent Recipients for the First Time

January 15, 2018

Chinese companies have increased the number of U.S. patents they’ve received by tenfold in less than 10 years, another sign that the world’s second-largest economy is succeeding in its strategy to transform from Silicon Valley’s factory to a powerhouse of research. Chinese inventors received 11,241 U.S. patents last year, a 28 percent increase over the same period in 2016...