{"id":57476,"date":"2023-04-19T21:32:12","date_gmt":"2023-04-20T04:32:12","guid":{"rendered":"https:\/\/lapost.us\/?p=57476"},"modified":"2023-04-20T09:25:49","modified_gmt":"2023-04-20T16:25:49","slug":"rising-number-of-patents-further-vitalizes-chinese-economy","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=57476","title":{"rendered":"Rising number of patents further vitalizes Chinese economy"},"content":{"rendered":"<p>By Gu Yekai, Yuan Taoxiong, People&#8217;s Daily<\/p>\n<p>Intellectual property (IP) is indispensable to innovative and high-quality development. Over the recent years, China has witnessed a rise in both the number and quality of valid invention patents, which indicates continuously strengthened impetus for innovation.<\/p>\n<p>Beijing OriginWater Technology Co., Ltd. is a tech firm engaged in wastewater recycling, seawater desalination and production of high-quality drinking water. It has obtained a number of patents in key membrane materials and selective separation technologies.<\/p>\n<p>Recently, the company successfully kicked off pilot production of battery-grade lithium hydroxide monohydrate from a salt lake in Ngari prefecture, Tibet autonomous region with a key lithium extraction technology it has forged, which is the first production line of this type in China.<\/p>\n<p>This has boosted confidence of Huang Jianglong, president of the company. &#8220;Enterprises, supported by reliable and competitive technologies, will surely achieve stable and long-term development,&#8221; he said.<\/p>\n<p>The quality of China&#8217;s IP creation has constantly improved, as the country sees continuous optimization in the structure of invention patents.<\/p>\n<p>As of the end of 2022, the total number of valid invention patents in China had reached 4.21 million, the highest in the world. The average ownership of high-value invention patents reached 9.4 patents per 10,000 people, up 1.9 over the previous year.<\/p>\n<p>Patent-intensive industries, featuring rich resources of innovation and strong impetus for innovation, have become a pillar supporting China&#8217;s high-quality development. In 2021, the added value of these industries increased 17.9 percent year-on-year to exceed 14 trillion yuan ($2.04 trillion), which accounted for 12.44 percent of China&#8217;s GDP that year.<\/p>\n<p>Innovent, a biopharmaceutical company based in Suzhou, east China&#8217;s Jiangsu province, has built a product chain that includes 36 new drugs that treat tumors, metabolic disorders and other diseases, according to Gao Jianfeng, vice president of human resource of the company.<\/p>\n<p>So far, the company has filed over 700 patent applications in multiple countries and regions, including 106 under the Patent Cooperation Treaty and 144 authorized patents.<\/p>\n<p>A large batch of innovative enterprises have absorbed energy for market competition through IP creation like Innovent has done, and become top players in the market that can make innovations independently.<\/p>\n<p>As of the end of 2022, 355,000 enterprises in China held valid invention patents, 57,000 more from a year ago. The number of high-value invention patents held by domestic enterprises in China reached 968,000, up 28.7 percent year-on-year.<\/p>\n<p>According to a 2021-2025 plan on the protection and utilization of intellectual property right (IPR), the added value of patent-intensive industries in China is expected to make up 13 percent of the country&#8217;s GDP by 2025.<\/p>\n<p>Focusing on incentive measures, industrial integration and IPR protection, local governments and departments across China have constantly rolled out policies to encourage innovation and promote faster high-quality development.<\/p>\n<p>Xi&#8217;an in northwest China&#8217;s Shaanxi province has established an industrial patent database that covers nine tech industries; east China&#8217;s Jiangsu province has built 12 demonstration centers for nurturing high-value invention patents in the biopharmaceutical sector, and set up pharmaceutical IPR protection centers in Nanjing and Suzhou to help enterprises better safeguard their IPRs; north China&#8217;s Hebei province has launched patent information analysis and other relevant services under the assistance from six patent service providers in the province.<\/p>\n<p>&#8220;China&#8217;s patent-intensive industries still has ample room for improvement despite its rapid development,&#8221; said Ge Shu, director general of the Strategic Planning Department of the China National Intellectual Property Administration (CNIPA).<\/p>\n<p>According to him, the CNIPA will adopt more forceful policies to make the patent-intensive industries even stronger and promote deeper integration of IP and industry development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gu Yekai, Yuan Taoxiong, People&#8217;s&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-57476","post","type-post","status-publish","format-standard","hentry","category-china"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/57476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57476"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/57476\/revisions"}],"predecessor-version":[{"id":57477,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/57476\/revisions\/57477"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}