9 Billion Yuan Financing from Patent Pledge in 2011

In 2011, the patent pledge financing amounted to 9 billion yuan in China (involving 1953 patents), which enjoyed a 28% increase year by year and be the highest in recent 3 years. At present, the State Intellectual Property Office is studying and drafting the Guidelines of Intellectual Property Loan by Financial Institution in Banking Industry, which now has been made the exposure draft and will be issued soon.

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China Begins to Try Out Intellectual Property Pledge System

HighlightChina’s new policy on intellectual property pledgewhich will help startup firms in technology or creative industries but increase the risks for the banks.

For more innovation and settlement on fund shortages with startups in the technology and creation industry, the Guidance on Financial Support on Revitalization and Development of Culture Industry was issued on 19th March, 2010, by which the collaboration is established between the government of China and more loans to support with company culture is also demanded.

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