ISTANBUL: China's number of artificial intelligence (AI) patents reached 378,000 by the end of 2023, Beijing-based state news agency Xinhua reported on Monday. China's growth rate is '1.4 times higher than the global average,' Ge Shu, deputy commissioner of the China National Intellectual Property Administration (CNIPA), had said at a press conference in Beijing on Jan. 16. Ge stated that the number of AI invention patents in the country soared 40% on an annual basis. He noted that invention patents in China's core digital economy industries reached 406,000 in 2023, making up 45% of all invention patents granted last year, and 10% of the country's GDP. Ge added that technological innovations are boosting China's economy, as the country saw a 21% annual boost in its average annual growth over the past five years. Source: Anadolu Agency