China Outpaces the US in Fintech Patents, Holding Nearly 40% of Global Share
2 day ago / Read about 0 minute
Author:小编   

According to Nikkei Asia, Chinese banks and tech firms have emerged as global frontrunners in fintech patent filings over the past decade, overtaking the United States. Fintech, which spans a broad spectrum of financial services—ranging from lending and asset management to digital currencies like cryptocurrencies—has seen China secure 38% of global patent applications by 2025. This marks a tenfold surge from the previous decade, with the US, South Korea, and Japan trailing behind. Notably, five Chinese entities, including the Industrial and Commercial Bank of China, not only cracked the global top five but also led in patent quality metrics, underscoring their innovation prowess.