Beijing, April 17: For the fifth year in a row, China has topped the world’s patent application list showcasing its booming culture of innovation, but failed to achieve any major breakthroughs, a Chinese official said today.
More than 60 per cent of the applications in China were filed by enterprises engaged in high-speed train, nuclear power, 4G mobile telecommunications technology and ultra-high-voltage electricity transmission, said Wang Zhongyu, head of the China Enterprise Confederation.(ALSO READ:Asia’s largest underground railway station to open in China).
However, Wang mentioned some weaknesses, such as the lack of top-level talents and key technological breakthroughs, state-run Xinhua news agency reported.
He called on enterprises to implement an innovation-driven development strategy to promote industrial transformation and upgrading.