China Ranks First In The World In AI Patents

More patents related to generative artificial intelligence have been filed by China every year since 2017 than by the rest of the world, the World Intellectual Property Organization (WIPO) reported to the United Nations in Geneva, DPA reported. Examples include artificial intelligence applications such as ChatGPT or Gemini .

KEY FACTS

According to WIPO, Chinese companies and institutes registered over 38,000 patents in the field of generative AI in the 10 years to 2023.
Far behind is the US with 6,300, followed by South Korea, Japan and India. Britain is in fifth place with 714, closely followed by Germany with 708, which WIPO says has registered more patents than the UK in recent years.
The increase in patent applications worldwide also shows that the sector is booming. According to WIPO, there were a total of 54,000 patent applications in the field of generative AI between 2014 and 2023, but over a quarter of those were filed in the past year alone.

KEY QUOTE

“Generative AI has emerged as a game-changing technology with the potential to transform the way we work, live and play,” said WIPO Director General Darren Tang.

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Cyprus Services Sector Shows Robust Performance In 2025 As Tourism, Digital Innovation, And Shipping Surge

by THEFUTURE.TEAM

April 6, 2026

The Employers and Industrialists Federation (OEV) reported growth across Cyprus’ services sector in 2025, with increases recorded in tourism, professional services and administrative activities. Data show continued expansion across multiple sub-sectors, reinforcing the role of services in economic output and employment.

Service Sector Leadership

Accommodation and food services grew by 9.5%, while administrative and support activities increased by 7.4%. Professional, scientific and technical activities rose by 4.6%, followed by information and communication at 4.3%. Transport and storage recorded growth of 2.8%, while real estate activity increased by 0.4%. These figures indicate broad-based expansion across service industries.

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A Remarkable Tourism Surge

Tourist arrivals reached 4,534,073 in 2025, marking a 12.2% increase year-on-year. December arrivals totaled 156,959, up 18% compared with the same period a year earlier. Tourism continues to support revenue generation and seasonal demand across the economy. Growth in visitor numbers contributes to activity in hospitality and related sectors.

Driving Digital Transformation

OEV is supporting digital adoption through initiatives such as the DiGiNN Cyprus Digital Innovation Hub. The program focuses on improving business processes, skills development and technology integration. Additional efforts include the establishment of a Digital Transformation and Innovation Committee and international engagement through business missions. These actions support the adoption of digital tools across sectors.

Resilient Shipping Sector

Shipping accounted for about 7% of Cyprus’s GDP in 2025, remaining a key component of the economy. The Cyprus Registry recorded its highest tonnage in 20 years, with an increase of nearly 20%. Fleet growth strengthens Cyprus’ position within European Union shipping registries and global maritime markets. The sector continues to contribute to economic stability.

Strengthening The Economic Foundation

OEV is organizing conferences, workshops and exhibitions to support business development across sectors. These initiatives focus on improving operational practices and industry collaboration. Continued investment in services and digital infrastructure is expected to support economic performance.

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