At the regular press conference of the National Intellectual Property Administration held on March 29, 2024, Deputy Director Ge Shu highlighted the current status and significance of invention patents held by Chinese companies. According to his statement, more than 70% of the valid invention patents in China are held by companies, with the total number exceeding three million. This statistic vividly illustrates the scale of intellectual property activities among Chinese companies and their rapid development.
Particularly noteworthy is the industrialization rate of invention patents by Chinese companies, which rose by 3.2 percentage points year-on-year in 2023, reaching 51.3%. This increase for the fifth consecutive year indicates how companies are effectively utilizing intellectual property in their actual business operations, reflecting their steady achievements. Additionally, the fact that the industrialization rate of invention patents in national high-tech enterprises reached 57.6%, surpassing that of non-national high-tech enterprises by 19.5 percentage points, is significant. This suggests that high-tech companies are making considerable efforts to efficiently utilize intellectual property to enhance their competitiveness.
Furthermore, the data showing that the average revenue from the industrialization of invention patents used in self-branded products is more than double that of those used in OEM products highlights the comprehensive utilization benefits of patents and branding. This clarifies the importance of companies having their own brands and the significant economic benefits that accompany them.
Another noteworthy point is that among the industry-academia-research collaborations conducted by companies, the highest proportion, at 56.1%, was focused on critical technologies and core components. This indicates that such collaborations play a crucial role, especially in the research and development of key core technologies, and it is expected that cooperation in this field will continue to advance.
As outlined above, the data revealed at this press conference demonstrates that Chinese companies are successfully utilizing invention patents and achieving industrialization. Understanding that the strategic use of intellectual property enhances corporate competitiveness and contributes to further economic development is crucial, and monitoring future trends is essential.
