Europe, Japan, and the US lead in power network patents, with China emerging as a strong player in smart grids, according to the European Patent Office and the International Energy Agency. New patents integrating AI into power grids have surged, with software innovations driving smart grid development. China has overtaken the EU in grid-related patents, while startups in Europe and the US show potential for attracting venture capital.
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Von der Leyen tells Xi EU-China ties are at ‘inflection point’
European Commission President Ursula von der Leyen and European Council President António Costa conveyed to Chinese leader Xi Jinping that EU-China relations are at an "inflection point" due to trade imbalances and China's support for Russia amid the Ukraine war. Both sides emphasized the need for mutual solutions to longstanding issues as the summit marks 50 years of EU-China relations, overshadowed by tensions over trade and geopolitical concerns. Want More Context? 🔎
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