In 2020, the total confirmed amount of patent and trademark pledge financing reached 218 billion, showing a year-over-year growth of 43.9%. The number of pledge projects was 12,093, showing a year-over-year growth of 43.8%.
According to statistics, in 2020, the amount of patent pledge financing in China was 155.8 billion yuan. Banks and banking financial institutions such as credit unions were the largest pledgers, covering 67.4% of the pledge projects. Industrial enterprises pledged 97.9% of the total number of pledged patents.
After the Covid-19 struck, liquidity became especially important for the resumption of work and production. CNIPA created a green channel for the registration of patent and trademark pledges and have since provided fast-track services for over 5000 enterprises.
To sharply increase the efficiency of the registration process, CNIPA revised its provisions of the pledge of trademarks, adopted the notification-commitment system, and simplified registration materials and procedure, reducing the time frame to only two working days. As for patent pledges, the time frame for processing of paper documents has been reduced from seven working days to three working days, and to one working day for digital processing.
http://english.ipraction.gov.cn/article/ns/202103/338118.html
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