In 2025, the total number of transactions on patent-related technology contracts nationwide was 1. 18 trillion yuan, an increase of 18. 8 per cent over the previous year
By the end of 2025, the rates of industrialization of patents on inventions in institutions of higher learning and research institutions were 10. 1 and 17. 2 per cent, respectively
On 23 march, the press office of the state council held a press conference on the implementation of the patent conversion initiative (2023-2025). According to the deputy director of the national intellectual property administration, hu wenhui, over the past three years, over 2,700 universities and research institutes have completed the inventory of 1349,000 patents in stock, resulting in the selection of 680,000 patents for inventions with better prospects for conversion, which corresponded precisely to 460,000 enterprises. More than 16,000 road shows, such as "intellectual property services " , have been carried out in various locations, resulting in more than $15 billion worth of patents。
Since the launch of the initiative, 1458,000 patent transfer licences have been filed throughout the country, an increase of 48 per cent over the same period, including 105. 6 per cent in higher education and research institutions; more than 3,000 small and medium-sized enterprises (smes) have been built up, with a number of smes that have mastered hard technology and good patents. In 2025, the total number of transactions for patent-related technical contracts nationwide reached rmb 1. 18 trillion, an increase of 18. 8 per cent over the previous year。

Higher education is an important force for patent conversion. In recent years, the ministry of education and others have continued to strengthen the quality management of patent sources. During the campaign, more than 1,200 institutions of higher education and scientific research established a system of pre-patent evaluation and about 80,000 invention patents were successfully industrialization. By the end of 2025, the rates of the industrialization of patents for inventions in universities and scientific institutions had reached 10. 1 per cent and 17. 2 per cent, respectively, a marked increase compared with the previous special activities。
“the gradual push for higher education to remove incentives for patent authorization, increase incentives for conversion, and lead to a shift in higher education patents from the old `reiteration' to `renewal' and from `quantitative' to `quality' `conversion'.” zhou daewang, director of science, technology and informatization, ministry of education。
Promoting strong chain synergies in intellectual property rights in priority industries is one of the priorities of the initiative. Since the launch of the initiative, departments such as the national intellectual property authority have been directing efforts around more than 300 subdivisions of the industrial chain, creating strong intellectual property chain synergies, building nearly 300 industrial intellectual property operations centres, creating 281 intellectual property innovation complexes targeted at priority areas, promoting patent pools for priority industries and enhancing the resilience and security of our industrial chain and supply chain。
“we have opened a `accelerated path' for patent applications in priority areas of manufacturing, with an average time reduction of more than half. Our country has a high-value patent growth rate of more than 15 per cent per annum for enterprises in the manufacturing priority area. “the director of the science and technology department of the ministry of industry and information technology, wei zheng, said that the ministry of industry and information technology had also deployed 245 basic industrial technology public service platforms throughout the country, serving more than 11 million times a year and 950,000 service enterprises。

Financial support is an important safeguard for patent conversion. Since the launch of the initiative, the relevant departments have issued a cumulative loan of approximately 600 billion yuan in intellectual property, 56 billion yuan in intellectual property insurance and more than 14 billion yuan in intellectual property securitization products。
The national financial supervisory authority promotes the development of intellectual property finance through the comprehensive promotion of paperless registration of the entire process of patent pledge, the piloting of internal evaluation of intellectual property pledge financing by commercial banks and the expansion of the scope of intellectual property pledge financing. In 2025, banking financial institutions issued cumulative intellectual property pledge loans of $29. 79 billion and a cumulative number of 287,000 households, representing an increase of 56 per cent and 33 per cent, respectively, compared with 2023。
The head of the regulatory department of the national directorate of financial supervision, dumer, stated that, as a next step, the directorate-general of financial supervision would direct financial institutions to develop the financial needs of enterprises in a quantitative and intellectual manner, improve the efficiency of financing by matching services with the firm's graphic intelligence; and continue to improve the quality of intellectual property finance by establishing a “white list” of intellectual property enterprises and a mechanism for the transfer of work in both directions。
Intellectual property services are important aspects of productive services as they cut across the entire chain of operation of the intellectual property regime. By the end of 2024, there were more than 100,000 intellectual property services nationwide, employing more than 1. 1 million people, and the industry received $29. 4 billion annually。

“in our country, an intellectual property service has developed that covers the entire chain of agents, laws, operations, information, counselling.” the director of the department for the promotion of the application of intellectual property rights of the national intellectual property agency, han ai-pun, described the current rate of over 95 per cent for patenting inventions in the country, the rate of registration of trademarks nearly 90 per cent, and the important role played by intellectual property agency services in protecting innovation and developing brand brands。
The development of intellectual property services and the regulation of industry order are key. We have been able to achieve positive results by continuously increasing the regulation of the agency sector, vigorously combating agency violations, and focusing on regulating irregular practices。
“we combat seven types of violations of the law, such as forgery of patent applicants and loan lending qualifications, with more than 170 per cent of the penalties imposed in various places; the organization carried out a comprehensive self-censorship of more than 50,000 patent and trademark agencies throughout the industry and has cleared 187 patent agencies.” according to hu wenhui, the next step will be to carry out, in conjunction with the ministry of public security and the general directorate of market supervision, a “year of regulation” in the intellectual property agency sector, with a view to bringing about a fundamental improvement in the agency sector by the end of this year. (reporter tanakai)




