Innovation Power Increases in China's Automotive Industry

Cinin's Innovation Power Increases in Automotive Sector
Innovation Power Increases in China's Automotive Industry

China Automotive Technology Research Center announced annual data on invention patents in the automotive industry yesterday.

Accordingly, the number of patents announced to the public in the Chinese automotive sector in 2022 increased by 12,94 percent and reached 362 thousand 200. In the same period, the number of invention patents approved increased by 12,77 percent and reached 94 thousand 500.

Experts argue that the data is a result of the continuous improvement of the innovation quality of the automotive industry in China.

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