China received more patent application than USA and Japan combined- WIPO

Year 2015 report on IP metrics was released by WIPO. Highlights:

•  Around 2.68 million patent applications were filed worldwide in 2014. Indian Patent Office received 42,824 patent applications, 12,040 from India, 9,824 from USA, 5338 from Japan, 3,174 from Germany and only 880 from China. PCT applications not originating from India number 26,340.China tops the list with nearly a million applications, 80% from residents and mostly utility patent applications. India's patent position is higher than Russia, UK, France, Australia and near that of Germany.
•  USPTO tops in patent grants with 3 lakh, India grants 6,153, mostly (5433) from non-residents. There are over 2 lakh patent applications pending in India compared to a million in USPTO.
• Of the top 10 origins in the period 2011-13, Switzerland filed mainly in pharmaceuticals; the Russian Federation in food chemistry; France and Germany in transport; China, Japan and the Republic of Korea in electrical machinery; the Netherlands in medical technology; and the UK and the US in computer technology. Majority of applications in India are in Pharma and Computer technology.
• An estimated 948,900 applications for utility patents were filed worldwide in 2014, of which 868,511 were received by SIPO. Resident applications made up 98% of all applications filed worldwide in 2014, showing that utility model applications are rarely filed abroad. Compared to patents, the Czech Republic, China Hong Kong (SAR), the Philippines, Slovakia and Ukraine are intense users of utility models.