China Patent Week Highlights Patent Value and Quality

Source: China IP News

Starting from November 30, the 12th China Patent Week with the theme of "Cultivating High Value Patents, Promoting High-Quality Development" was held throughout the country in a bid to elevate the public's attention to IP quality and IP powerhouse build-up.

This year's patent week event, organized by the National Intellectual Property Administration of PRC(CNIPA), aimed to fully implement the spirits of the 19th CPC National Congress and the second and third plenary sessions of the 19th CPC Central Committee under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, conscientiously implement all arrangements made by the Party Central Committee and the State Council for IP work, promote the effective integration of IPRs with innovative resources, financial capital and industrial development, and stimulate the innovation vitality of the whole society, thus comprehensively enhancing the IP utilization capabilities and comprehensive benefits of innovative entities.

A principal from CNIPA said that the patent week this year concentrates on the theme of cultivating high value patents and promoting high-quality development, highlighting quality and efficiency, and actively publicizing patent quality improvement project, IP operation service systems, and IP financial services. The event focuses on the following three aspects: firstly, vigorously cultivate high value patents and enhance the core competitiveness of the industry, focusing on the in-depth implementation of the patent quality improvement project and the construction of the core technology patent pool; secondly, improve the operation system and promote the transfer and commercialization of patent technology, including strengthening the core functions of the national platform and consolidating foundations of various IP work; thirdly, develop IP finance and broaden the financing channels for market entities, with emphasis on strengthening IP pledge financing services and exploring new models of IP finance.

For this year's patent week, the website of the National Intellectual Property Operation Public Service Platform is designated as the main online venue and the only one since there is no additional offline venue and opening ceremony. Focusing on the above-mentioned activities, local regions across the nation roll with their own creative minds by actively planning various types of activities such as project roadshows, investment transactions, experience exchanges, business matchmaking for commercialization of patented technologies, fully reflecting the regional characteristics, highlighting the actual effect of patent week activities.