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China is outpacing the world in patent filings:
China now accounts for ~27% of global patent applications, the highest of any other country in the world.
This percentage has DOUBLED over the last 11 years.
Over the same period, the US' contribution has fallen -9 percentage points, to 20%, the lowest since at least the 1980s.
At the same time, Germany’s percentage has declined -3 points, to 6%, also the lowest since at least the 1980s.
Japan’s percentage has held steady at ~18%, the world’s 3rd-largest.
China is leading the global patent race.