The effective number of invention patents in China reached 4.21 million

According to the information from the recently held 2023 National Intellectual Property Office Heads Conference, by the end of 2022, the number of effective invention patents and 42.
672 million valid trademark registrations in China reached 4.
212 million, firmly establishing the status of
an intellectual property power.

In recent years, intellectual property rights have strongly supported the high-quality economic and social development
of China.
The data shows that the added value of patent-intensive industries nationwide reached 14.
3 trillion yuan, accounting for 12.
4% of GDP; The total import and export volume of intellectual property royalties reached 2.
19 trillion yuan, with an average annual growth of 13.
7%; Intellectual property pledge financing has increased more than 10 times in 10 years, reaching 400 billion yuan
.
China accounts for 84 of the world's top 500 most valuable brands, an increase of 52 in 10 years, with a total value of $1.
6 trillion
.

Shen Changyu, Director General of the State Intellectual Property Office, pointed out that in 2023, it is necessary to further improve the comprehensive use of
intellectual property rights of innovative entities.
Implement the special policy of intellectual property rights to help the development of "specialized, specialized and new" small and medium-sized enterprises, and further promote the cultivation of
demonstration enterprises with intellectual property advantages.
Improve the custody of intellectual property rights of small and medium-sized enterprises, and do a good job in the combination of financial services such as intellectual property pledge financing
.