The added value of China's patent-intensive industries topped 10.7
trillion yuan ($1.51 trillion) in 2018, contributing 11.6 percent to the
country's GDP, according to the National Intellectual Property
Working with the National Bureau of Statistics,
NIPA said it was the first time the country announced the statistic. It
also marks the establishment of an accounting and release mechanism of
the patent-intensive industries' added value in China.
China's patent-intensive industries are divided into seven categories according to their economic activities, NIPA said.
new equipment manufacturing sector ranked first, accounting for 30.7
percent of the country's patent-intensive industries' added value in
2018. It was followed by the information and communication technology
manufacturing sector, which accounted for 20.1 percent, and the ICT
service industry, which stood at 18.2 percent.
The rest were new
material manufacturing industries, pharmaceuticals and medical services,
R&D, design and technical services, and environmental protection.
data are based on the system of statistical classification of
IP-intensive industries in 2019. Using the results of the fourth
national economic census, the release aims to reflect the development of
the country's patent-intensive industries, said an official of the
planning and development department at NIPA.
Amid the latest
round of technological and industrial revolution, IP is playing an
increasingly important role in spurring economic growth, the official
Research from the United States and the European Union
showed that the IP-intensive industries are key to driving economic
growth and maintaining competition. Future economic and social
development will mostly rely on such sectors, he noted.
it has put the development of IP-intensive industries high on its
agenda. The release implies that the industries provide key support for
China's economic growth and a strong impetus to boost high-quality
development in the economy.
NIPA will continually improve the
release mechanism of patent-intensive industry statistics and announce
data annually. It is part of efforts to reflect the development of
emerging industries and provide a reference for the government's
policymaking, the official said.