{"id":25757,"date":"2024-07-30T10:17:36","date_gmt":"2024-07-30T04:47:36","guid":{"rendered":"https:\/\/asia.businessupturn.com\/?p=25757"},"modified":"2024-07-30T10:17:36","modified_gmt":"2024-07-30T04:47:36","slug":"shen-changyu-outlines-chinas-evolving-ip-strategy-and-its-economic-impact","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/shen-changyu-outlines-chinas-evolving-ip-strategy-and-its-economic-impact\/25757\/","title":{"rendered":"Shen Changyu outlines China\u2019s evolving IP strategy and its economic impact"},"content":{"rendered":"<p>China\u2019s intellectual property (IP) sector is transitioning towards prioritizing quality over-expansion, as revealed by the China National Intellectual Property Administration (CNIPA) at a press conference on Monday. This shift, aimed at enhancing economic growth and international engagement, underscores China\u2019s evolving approach to IP development.<\/p>\n<p>Shen Changyu, CNIPA\u2019s head, highlighted the country\u2019s progress in generating high-value IP, noting that by June, China\u2019s high-value invention patents had reached 12.9 per 10,000 people, exceeding the 2025 target. Shen emphasized that these patents, particularly from universities and research institutions, are increasingly applied in advanced industries such as smart and green technologies. He reported that patent-intensive sectors now contribute 12.7 percent to China\u2019s GDP, showcasing IP\u2019s role in spurring innovative growth.<\/p>\n<p>The press conference also underscored China\u2019s advancements in AI, with CNIPA data revealing 378,000 effective AI invention patents by the end of 2023\u2014a growth rate of over 40 percent, significantly higher than the global average. China leads globally in generative AI patent applications, reflecting robust innovation within the digital economy, according to senior CNIPA official Ge Shu.<\/p>\n<p>On the international front, Shen detailed China\u2019s proactive engagement in global IP governance, including agreements with 57 Belt and Road Initiative partners and training for over 1,200 IP officials from these countries. The number of foreign patent applications in China surged by 13.1 percent in the first half of this year, with Japan leading in filings. Hu Wenhui, CNIPA\u2019s deputy commissioner, emphasized China\u2019s commitment to creating a fair business environment and improving IP protection for foreign enterprises, receiving commendations from international companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shen Changyu, CNIPA\u2019s head, highlighted the country\u2019s progress in generating high-value IP, noting that by June, China\u2019s high-value invention patents had reached 12.9 per 10,000 people, exceeding the 2025 target.<\/p>\n","protected":false},"author":387,"featured_media":25759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1098,525,175,14564,14563,14565,14567,268,14566],"class_list":["post-25757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","tag-belt-and-road-initiative","tag-bri","tag-china","tag-china-national-intellectual-property-administration","tag-china-national-intellectual-property-administration-cnipa","tag-cnipa","tag-ge-shu","tag-japan","tag-shen-changyu"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/25757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/387"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=25757"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/25757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/25759"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=25757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=25757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=25757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}