China Further Extends the Scale of IPR Pledge Financing

In 2012, China's IPR pledge financing scale is further extended, and the yearly financing of patent, trademark and copyright reached 14.1 billion, 21.46 billion and 2.751 billion yuan, according to the Office of the Inter-Ministerial Joint Meeting for the implementation of the National Intellectual Property Strategy. With the establishment of 20 IPR financing service platforms, it is forecasted that the financing amount would be further extended.

In 2012, SIPO launched IPR financing pilots in 28 regions around the country, carried out company patent pledge financing business matchmaking in 10 provinces, 5 cities and 8 high-tech parks, and established IPR pledge financing service.

According to statistics, from 2008 to 2012, 1,869 trademarks were pledged to get a loan of 66.46 billion yuan, 21.46 billion yuan of which were secured in 2012 alone. At the same time, in 2012, 146 copyrights covering 773 softwares and works were authorized and a loan of 2.751 billion yuan were pledged.

(China IP News)