BEIJING, Feb. 25 (China IP News) -- The 2015 edition of the World Intellectual Property Indicators recently released by WIPO reports a strong growth in invention patent filings in 2014 of 4.5%. Among the 2.7 million invention patent filings, China's State Intellectual Property Office (SIPO) accounted for about 1/3, followed by the United States Patent and Trademark Office (USPTO) and the Japanese Patent Office (JPO). SIPO received more applications than the combined total of the USPTO and JPO.

"Demands for IP rights continued to grow around the globe in 2014," said Director General of WIPO Francis Gurry at the press conference. "This underscores the central role that new technology and brand recognition play in determining success in today's marketplace. It also highlights the important task that falls to IP offices in ensuring quality when examining IP applications."