China to improve IPR investment and financing policies

China to improve IPR investment and financing policies


Lately, ten departments including the State Intellectual Property Office (SIPO) and the National Development and Reform Commission promulgated Opinions on Enhancing IPR Work in Strategic Emerging Industries (hereinafter referred to as the Opinions, setting the IPR goals in strategic emerging industries in 2015 and 2020.

According to the Opinions, till the year 2015, invention patents and foreign patent applications in the strategic emerging industries should increase by twice than those in 2010. The public information indicates that in 2010, applications for invention patents in China exceeded 390,000 pieces, ranking the second in the world. Over 3,000 enterprises filed 12,000 international patent applications, up 56% compared with those in 2009.

Based on the regulation of the State Council, strategic emerging industries cover such industries as energy saving and environmental protection, new generation information technology, biotechnology, advanced equipment manufacture, new energy, new material and new energy automobiles. It is informed that most of China’s invention patents are integrated innovation patents.

To reach the set goal, the Opinions put forwards to form advantages in some industries by accumulating core technological patents than can raise enterprises’ competitiveness.

Director of Shanghai Municipal Intellectual Property Office Lv Guoqiang recently said that they would make research and argumentation on the topics related to IPR development in strategic emerging industries, particularly those involving key technologies with a view of avoiding IPR disputes.

According to Han Jun, Deputy Director of Science and Technology Department under the Ministry of Industry and Information Technology (MIIT), enhancing patent analysis in strategic emerging industries is to find the technological fields that most likely lead to breakthroughs. At the same time, China will fully utilize the existing patent resources t guide enterprises to digest and absorb imported technologies to make re-innovation.

In 2015, a group of leading enterprises and R&D institutions with IPR comparative advantages will emerge and IPR alliances will come into being. Shenzhen City of Guangdong Province has built the first LED patent pool in China.

In 2020, a batch of influential enterprises with IPR advantages will spring up. To achieve this goal, financial supportive measures will be indispensable, including IPR investment and financing policies, IPR pledge loan and financing guarantee.

(Source: IPR in China)

People watch

It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.