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European stocks closed higher across the board on Tuesday.
The United Kingdom's FTSE 100 index rose 0.83 percent to close at 10,871.02 points. France's CAC 40 index gained 0.63 percent to finish at 8,458.78 points. Germany's DAX index advanced 0.41 percent to end the session at 25,464.01 points.
European stocks close higher on Tuesday
China's exports of intellectual property royalties reached 45.5 billion yuan (about 6.72 billion U.S. dollars) in the first five months of 2026, the country's top intellectual property regulator disclosed on Wednesday.
The IP royalty exports reflect growing global demand for China's homegrown technologies and innovations.
Rui Wenbiao, deputy head of the China National Intellectual Property Administration (CNIPA), said at a press conference providing an update on the 15th Five-Year Plan (2026-2030) that rising patent application figures reflect the new competitive strength of Chinese companies.
"In the first half of this year, the Patent Cooperation Treaty (PCT) international patent applications, the international applications through the design patents in the Hague System and international trademarks under the Madrid System filed by Chinese applicants ranked among the top in the world. The overall scale continued to rise steadily. In the first five months, the export volume of intellectual property royalties in China reached 45.5 billion yuan, a significant year-on-year increase of 64.9 percent, indicating that Chinese enterprises actively used intellectual property to create new advantages in international competition and promoted the high-quality and innovation of China's service trade," said Rui.
China's exports of IP royalties reach 45.5 bln yuan in Jan-May
